Tag Archives: CON

UnionPay Provides Tuition Fee Payment Refund to Encourage International Students to Pay Online and Stay Safe

SYDNEY, Aug. 27, 2021 — In response to the back-to-school season, UnionPay International ("UPI"), a leading global payment services provider, has launched a campaign offering a refund of AUD 68 for tuition fee payments over AUD 6,800 to Australian universities.

The campaign runs from July 16 to October 31, 2021, and students can simply use the "Australia Payment" service in the UnionPay App to pay and claim refunds. Cardholders with the same device, ID, phone number, or bank card can only redeem the refund once. For more details, please visit here. Besides tuition fees, UPI cardholders can also pay utilities, car rego, fines, and government rates here.

As many international students are unable to return to campus or even unable to travel to Australia, this campaign offers an alternative and effective way to pay their tuition fees and encourages staying safe during the pandemic. Since the campaign went live on July 16, UPI has experienced a surge of 269% in transaction volume during the first two weeks.

For some cardholders that are unable to travel to Australia to attend lectures, they can pay remotely with automatic conversion using UnionPay’s official real-time exchange rate.

"Partnering with local finance institutes ChinaPayments and BPAY, the cooperation was first introduced in 2020, and soon received highly positive feedback. Now with new school year starting, we are happy to launch a refund campaign to encourage students to make their payments safer and more convenient," said Jian Jiangtao, head of UnionPay International South Pacific Branch.

UPI will continue to gain insights into market changes, respond to the emerging needs of the Australian market, extend partnerships with local institutes, and promptly launch campaigns and offerings that meet the increasing demands for its cardholders.

About UnionPay International

UnionPay International (UPI) is focused on the growth and support of UnionPay’s global business. In partnership with more than 2400 institutions worldwide, UnionPay International has enabled card acceptance in 180 countries and regions with issuance in 70 countries and regions, covering over 63 million merchants. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

Related Links :

http://www.unionpayintl.com

LittleLives and Global Embassy Partner to Instill Digital Transformation in Schools

HO CHI MINH CITY, Vietnam, Aug. 27, 2021LittleLives, a school management system based in Singapore continues to partner with various organisations around the world to provide value and services to its schools and stakeholders. A key enabler of these capabilities is a strategic partnership with Global Embassy, an organisation consisting of a network of education professionals to empower schools to engage with digital transformation, enhance the quality of education and improve the welfare of teachers, parents and students.

With the ongoing lockdowns in countries such as Malaysia and Vietnam, LittleLives has seen a tremendous growth in schools adopting new technologies to help with their operations in the new norm; from attendance taking at home to supporting online learning. With demands from parents to ensure undisrupted learning at home, LittleLives also provided various solutions and resources to enhance home-and-school relationships.

Sharing his vision for the partnership, Arjuna Raj, Chief Strategy Officer of LittleLives said, "We are excited to partner with Global Embassy to assist and digitally transform more schools in Vietnam, and continue to create meaningful partnerships with other companies."

This collaboration also marks a pioneering step in which LittleLives adapts its solutions such as facial recognition technology and multipurpose communications module to accommodate the unique needs and trends in Vietnam schools, but more importantly, creates a platform to further develop the early childhood education in Vietnam for the community to strive in a safe, responsive, resilient and nurturing environment.

As LittleLives continues to grow and produce valuable and cutting-edge technology for schools, it seeks like-minded companies and organisations to help change the way schools operate – to be more adaptable, efficient and effective – yet never neglecting the human touch in operational and administrative processes in schools.

LittleLives Media Contact
Bryan Koh
Partnerships
bryan@littlelives.com
+6010-2202655

About LittleLives
LittleLives is a school management software provider for over 1,400 preschools in 12 countries such as Singapore, Malaysia, Vietnam, China, Indonesia, Brunei, Dubai, Cambodia, Thailand and the Philippines. In 2021, LittleLives expanded its reach to the USA and Dubai, and partnered with DBS to launch a digital cashless payment solution to preschools. Today, we serve over 25,000 educators, 250,000 parents and 180,000 children. LittleLives is currently valued at USD$25 million and plans to increase valuation to USD$100mill by 2024. Learn more at www.littlelives.com.

Related Links :

http://www.littlelives.com

Uhnder Digital Imaging Radar-on-Chip Leverages proteanTecs’ Universal Chip Telemetry for Deep-Data Monitoring

Gains visibility to achieve reliable performance at scale

HAIFA, Israel, Aug. 25, 2021 — proteanTecs, a global leader in deep data solutions for advanced electronics, announced today that Uhnder, a pioneer in digital imaging radar sensors for ADAS and next-generation mobility applications, has selected the company’s Universal Chip Telemetry (UCT) monitoring solution to provide actionable insights and predictive data about the performance, quality, and reliability of its radar-on-chip, through all product development and usage cycles.

 

proteanTecs’ UCT™ for reliable performance at scale
proteanTecs’ UCT™ for reliable performance at scale

 

proteanTecs provides deep data based on Universal Chip Telemetry (UCT), introducing visibility from within. Their cloud-based analytics platform applies machine learning algorithms to measurements extracted from on-chip monitors, strategically placed during design to provide a high coverage, high resolution picture of the system’s health and performance throughout its lifecycle. Chip manufacturers and Tier1s can reduce DPPM (defect parts per million), optimize system performance, and manage reliability margins. Once deployed in the field, OEMs can perform data-driven OTA updates, ECU fault diagnostics, and predictive maintenance, with alerts on faults before failures.

Curtis Davis, Uhnder CTO and co-founder, said: "The automotive industry needs better sensing with high reliability to reach truly effective ADAS and full autonomy. proteanTecs’ UTC deep-data monitoring provides Uhnder with critical visibility, along with predictive performance tracking, during production and while the system is in mission mode."

"Uhnder has built the power and flexibility of digital processing into their radar sensors," said Gal Carmel, proteanTecs GM Automotive. "This enables complete programmability, while allowing for precise digital imaging radar perception. By embedding proteanTecs’ UCT, Uhnder will be able to reinforce the performance and reliability profiles needed for series production at scale."

About Uhnder

Uhnder is the leader in digital perception radar technologies for automotive and next-generation mobility applications. Based on digital code modulation, Uhnder’s fully software-defined radar-on-chip (RoC) and sensor modules enable highest-resolution digital perception for ADAS, AV, and logistics automation systems. Headquartered in Austin, Texas, Uhnder is the only supplier of digital imaging radar chips and systems. For more information, visit www.uhnder.com and follow Uhnder on LinkedIn.

About proteanTecs

proteanTecs develops revolutionary Universal Chip Telemetry™ (UCT) for electronic systems throughout their entire lifecycle, increasing their performance and reliability. By applying machine learning to novel data created by on-chip UCT Agents™, proteanTecs provides meaningful insights and visibility unattainable until today, leading to new levels of quality, reliability and scale. Founded in 2017, the company is headquartered in Israel with offices in New Jersey, California and Taiwan. For more information, visit: www.proteanTecs.com.

Photo – https://techent.tv/wp-content/uploads/2021/08/uhnder-digital-imaging-radar-on-chip-leverages-proteantecs-universal-chip-telemetry-for-deep-data-monitoring.jpg  
Logo – https://mma.prnasia.com/media2/844547/proteanTecs_Logo.jpg?p=medium600  

 

 

Press Contact
Tamar Naishlos, Media Relations
tamarn@proteanTecs.com

Related Links :

http://www.proteanTecs.com

Visa and Ascenda partner on next-gen loyalty and rewards in Asia Pacific

As consumer expectations around their rewards evolve, Visa and Ascenda will offer banks and fintechs a new solution to get loyalty programs up and running in a fraction of the typical lead time

SINGAPORE, Aug. 24, 2021 — Visa, the world leader in digital payments, today announced a strategic partnership in Asia Pacific with Ascenda, the loyalty technology company. The payments network will be first globally to leverage Ascenda’s new Nexus platform, which will enable Visa’s partners to adopt a comprehensive new rewards program for their customers.

Reward programs continue to evolve as consumer preferences and behaviours change, in line with larger trends on how people shop. The rise of eCommerce has created new habits and opportunities to engage before, during and after the transaction. The increased role that data plays in the average consumer’s day has led to greater expectations around receiving personalised rewards instead of a general set of benefits. And during the COVID-19 pandemic, traditional benefits like air miles have been less easily used.

With this backdrop of a changing environment, the Visa and Ascenda partnership means card issuers, like banks or fintechs, can deploy rewards programs that are easy to implement and use, in a fraction of the typical lead-time. The digital rewards portal powered by Ascenda comes with offers and promotions from leading merchants via Visa Offers Exchange and Ascenda’s global network.

Rapid implementation of the new platform is possible because the traditional integration points required for new loyalty solutions are removed. By leveraging Visa’s latest API services, Ascenda authenticates customers securely and identifies payment transactions that are eligible for rewards – with minimal action required from the issuer.

Chris Clark, regional president, Asia Pacific, Visa, said, "As Visa evolves our business beyond cards, reward programs are becoming more digital, more engaging, more personalised, and easier to adapt to new opportunities. Our partnership with Ascenda ensures Visa is able to deliver loyalty platforms that match the pace of digital adoption our bank and fintech partners need."

"Visa and Ascenda already have a strong track record of partnering to equip top-tier banks with leading customer engagement solutions," said Sebastian Grobys, chief commercial officer at Ascenda. "With Visa now leveraging our new Nexus model and integrating Visa’s existing engagement solutions for rapid deployment, we are unlocking significantly greater scale for our collaboration going forward."

The Visa-Ascenda rewards solution is being rolled out progressively across Asia Pacific.

About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network — enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

About Ascenda
Ascenda is a global fintech that makes customer engagement simple by powering rewards technology and payment propositions for leading financial services brands.

Ascenda delivers fully-digital, intuitive and easy-to-deploy loyalty solutions that enable banks to build deeper customer relationships across the entire banking relationship. The company serves financial services clients in more than 40 markets including many leading banks such as HSBC, Barclays, Standard Chartered and Capital One as well as disruptors such as Virgin Money Australia’s new digital bank.

For more information about Ascenda, please visit ascendaloyalty.com.

VVDN Technologies Joins NVIDIA Partner Network to Expand Opportunities for Advanced AI-Enabled Camera & Vision Applications


SAN JOSE, California, Aug. 18, 2021VVDN Technologies, a premier electronic product engineering and manufacturing company, announced that it has joined the NVIDIA Partner Network (NPN) as a provider of AI-enabled computer vision solutions powered by the NVIDIA Jetson edge AI platform.

 

 

The NPN program is designed to help partners expand the usage of NVIDIA-based solutions, platforms, and technologies, and provide end customers with a world-class solution and support experience. As part of the NVIDIA Jetson partner ecosystem, VVDN can leverage the powerful GPU-accelerated edge computing capabilities of the NVIDIA Jetson lineup including Jetson AGX Series, Jetson TX2 series, Jetson Xavier NX and Jetson Nano to develop and manufacture next-gen innovative AI/ML based camera and vision solutions for its customers.

NVIDIA Jetson is the leading AI-at-the-edge computing platform with over half a million developers and a strong partner ecosystem. With pre-trained AI models, developer SDKs and support for cloud-native technologies across the full Jetson lineup, manufacturers of intelligent machines and AI developers can build and deploy high-quality, software-defined features on embedded and edge devices targeting robotics, AIoT, smart cities, healthcare, industrial applications, and more. Cloud-native support helps manufacturers and developers implement frequent improvements, improve accuracy, and use the latest features with Jetson-based edge AI devices.

Joining the NPN positions VVDN to provide a host of enhanced services including product engineering, AI/ML algorithm development, as well as manufacturing services to customers/OEMs/System Integrators/ISVs with accelerated time to market. VVDN is offering AI-based vision solutions powered by the NVIDIA Jetson platform, including carrier boards, edge gateways as well as edge AI cameras which are production-ready solutions available for customers.

VVDN’s design and manufacturing capabilities of world-class cameras and vision products includes edge AI boxes, system on modules (SOM) and boards, 360-degree high-end multi-imager cameras, NVRs/DVRs and thermal cameras with video analytics for use in automotive ADAS, traffic safety, security, smart cities, industrial vision, video conferencing, retail applications and more.

Arun Kumar PB, Sr. Director – Vision, VVDN Technologies said: "VVDN’s Vision Business Unit has invested heavily on AI/ML and computer vision algorithms targeting industries including security, smart cities, retail, automotive, medical as well as industrial. Joining the NPN as an NVIDIA Jetson ecosystem partner further helps our efforts as we get access to all the SDKs as well as exposure to new platform introductions. This will help us cater to our customers’ need for more complex AI-enabled applications across the globe."

VVDN possesses strong expertise in Image/ISP Tuning, Video Stitching, Sensor Integration, AI/ML Integration, Video Analytics, Voice Integration and Video Cloud. VVDN’s manufacturing facilities are equipped with state-of-the-art SMT lines, product assembly areas, ISO Class 6 and 8 Clean Room and R&D, Testing and Video labs for Next-gen product innovation.

About VVDN:

VVDN is a leading Product Engineering & Manufacturing company focused on designing & manufacturing end-to-end products across several technology vertical markets (5G, Data Center, Vision, Networking and Wi-Fi, IoT, Cloud & Apps). VVDN’s India HQ is located at Global Innovation Park, Manesar, India and its North America HQ is located in San Jose, CA, USA. VVDN serves global customers across several regions including US, Canada, Europe, India, Vietnam, Korea, and Japan. With more than 6000 employees, VVDN has 10 advanced Product Engineering Centers in India, which are fully equipped to design & test the complete hardware & software required to develop a complete product or solution. VVDN’s 5 Manufacturing facilities are located at Manesar, Gurgaon, India, which includes in-house best-in-class SMT Factory, Molding & Tooling Factory, Product Assembly Factory, Die Casting facility and Product Certifications labs. VVDN’s Engineering & Manufacturing facilities are fully complied to develop & manufacture Enterprise, Consumer, Industrial, and Automotive-grade products.

Visit www.vvdntech.com for more information.

Kunwar Sinha, kunwar.sinha@vvdntech.in  

SKF to service Berlin underground carriages in long-term agreement

Service agreement for U-Bahn trains includes original part supply and service for at least 606 carriages – and will last for a 32-year period minimum

GOTHENBURG, Sweden, Aug. 17, 2021 — SKF has signed a long-term agreement with Stadler Rail to equip and service rolling stock for the Berlin underground (U-Bahn) in Germany.

The contract, with Swiss rail vehicle manufacturer Stadler Rail, is worth several million Euros. It includes a number of SKF solutions ranging from wheel set bearings and axle boxes to lubrication systems. Over the more than 32-year duration of the contract, SKF will cover spares supply. The contract is covered by a performance agreement, which is measured against a set of KPIs to ensure high customer confidence.

"This contract will provide reliability and safety of spare parts over the entire period," says Thomas White, Key Account Manager for Railways at SKF. "This aims to reduce logistics efforts and raise reliability for both the train operator and Stadler Rail."

Under the agreement, SKF will service more than 606 rail carriages, to be built between 2022 and 2026. This may extend to a total of 1,500 carriages. Berlin U-bahn operator, Berliner Verkehrsbetriebe (BVG), has said that this is the largest vehicle purchasing programme in its history – with a budget of around €3 billion for up to 1,500 carriages.

Overall, the SKF contract will involve the supply and servicing of more than 12,000 wheelset bearings, among other services. The wheelset bearings are insocoated – so have a plasma coating to prevent electrical damage.

SKF’s long-standing relationship with Stadler, its ability to offer a broad service package and its technical expertise were key factors behind winning the contract. SKF was also involved in the very early phase of development – developing product solutions that were tailored to the customer’s needs.

The service contract aims to help to improve the reliability and uptime of trains on the U-Bahn.

SKF can support rail manufacturers to meet their RAMS (Reliability, Availability, Maintainability, and Safety) and LCC (Lifecycle Costing) responsibilities, a key factor in modern rail stock performance.

For further information, please contact:

Press Relations: Nia Kihlström, +46 31-337 2897; +46 706 67 28 97; nia.kihlstrom@skf.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-to-service-berlin-underground-carriages-in-long-term-agreement,c3397363

The following files are available for download:

 

TIAN RUIXIANG Holdings Ltd Partners with Beijing Puyuan Technology Co., Ltd. to Develop Intelligent Sales and Customer Service Systems

BEIJING, Aug. 13, 2021 — TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today it has entered into a strategic cooperation agreement (the "Agreement") with Beijing Puyuan Technology Co., Ltd.("BPTC"), an innovative financial service platform solution provider in China, on August 2, 2021, to develop its intelligent sales and customer service systems.

Pursuant to the Agreement, the Company agrees to give BPTC access to its insurance management platform, and BPTC agrees to provide the Company with customized artificial intelligence development services and assist the Company in building its intelligent customers service and sales systems. The parties may enter into separate service contracts in the future to determine the specific terms and services to be provided under the Agreement.

Mr. Zhe Wang, Chairman of the board of the directors and Chief Executive Officer of the Company, commented, "We are excited to partner with BPTC  as we continue to make progress in our long term strategy of upgrading and optimizing our systems to provide customers with more value-added services. We plan to build our own intelligent sales and customer service system which can help maximize profitability, increase operation efficiency, and improve customers satisfaction. Looking forward, we expect to seize the opportunity presented by the accelerating digital transformation of the insurance industry, and utilize our cooperation with BPTC to deliver more products and  services for our customers."

About Beijing Puyuan Technology Co., Ltd.

Established in February 2019, Beijing Puyuan Technology Co., Ltd. engages in exploring and deepen the practice and application of technology in financial institutions. The founding team of BPTC all graduated from top tier universities in China and aboard including Tsinghua University and Chinese Academy of Sciences. They have many years of working experience in domestic and foreign financial institutions and first-line Internet companies, and have in-depth understanding and practical experience in quantitative trading, artificial intelligence and associated fields. BPTC has built a number of products including the Caiduoyi Wealth Integrated Service Platform, Prism Investment Advising Exhibition System, Prism Smart Wealth Management Robot and Traderslink Quantitative Trading System. BPTC provides wealth institutions with a complete solution from investment research to transaction, from customer acquisition to conversion, which improves the service efficiency of investment advisory services and improves the comprehensive experience of investors. For more information, visit the company’s website at https://www.puyuan.tech/index.

About TIAN RUIXIANG Holdings Ltd

TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance; and (2) life insurance, such as individual and group life insurances. Additionally, the Company also provides risk management services to institutional customers. For more information, visit the company’s website at http://ir.tianrx.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 the Company 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. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review risk factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For investor and media enquiries, please contact:

TIAN RUIXIANG Holdings Ltd
Investor Relations Department
Email: ir@tianrx.com 

Ascent Investor Relations LLC
Tina Xiao
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com 

 

 

Delta Advances Towards RE100 by Signing Power Purchase Agreement (PPA) with TCC Green Energy Corporation

TAIPEI, Aug. 13, 2021 — Delta, a global leader in power and thermal management solutions, today announced the signing of its first ever power purchase agreement (PPA) with TCC Green Energy Corporation for the procurement of approximately 19 million kWh of green electricity annually, a step that contributes to its RE100 commitment to reach 100% utilization of renewable energy as well as carbon neutrality in its global operations by 2030. TCC Green Energy, which currently has the largest renewable energy available transfer capacity in Taiwan, will supply the green electricity to Delta from TCC’s 7.2MW wind turbine infrastructure. With the aforementioned PPA and its status as the only RE100 member in Taiwan with a cutting-edge solar PV inverter as well as wind power converter product portfolio, Delta further cements its dedication to the development of renewable energy worldwide.

Delta signed its first ever PPA with TCC Green Energy Corporation, a step that contributes to its RE100 commitment
Delta signed its first ever PPA with TCC Green Energy Corporation, a step that contributes to its RE100 commitment

Mr. Ping Cheng, Delta’s chief executive officer, said, "We thank TCC Green Energy Corporation not only for providing us with those 19 million kWh of green energy annually from now on, but also for adopting Delta’s solutions and services in their numerous renewable energy power plants. Cumulatively, this proposal is expected to reduce over 193,000 tons of carbon emissions*, which is equivalent to building 502 Daan Forest Parks (the largest park in Taipei City), and corresponds with Delta’s corporate mission To provide innovative, clean and energy-efficient solutions for a better tomorrow. Going forward, this PPA model may be replicated to other Delta sites worldwide for our RE100 goal. Delta has always been committed to environmental protection and actively engages in global environmental initiatives. After passing the Science-based Targets (SBT) in 2017, Delta aims to achieve a 56.6% decrease in its carbon intensity by 2025. By continuously executing three major relevant actions, including voluntary energy conservation, in-house solar power generation, and the purchase of renewable energy, Delta has already reduced its carbon intensity by over 55% in 2020. Furthermore, the Company has also far surpassed its annual goals for three consecutive years, and our global operations’ use of renewable energy has reached approximately 45.7%. These experiences have contributed significantly to our RE100 goal."

Shun-I Huang, chairman of Taiwan Cogeneration Corporation stated that, in line with the renewable energy development trends, TCC is committed to developing renewable energies including wind power, solar power, and thermal power. It is the first electricity group enterprise in Taiwan to be equipped with comprehensive services ranging from renewable energy investment and development, engineering contracting, operation and maintenance, to green energy sales capabilities. Synergies are to be expected from this collaboration with Delta. The transfer load will come from the latest onshore wind turbines built by Xingbao Wind Farm Group; with a device capacity of 3.6MW per unit, these onshore wind power generators currently have the largest device capacity in Taiwan. Delta will be provided with the cleanest and efficient green energy with additionality. Going forward, the two enterprises will continue to collaborate and TCC Green Energy will surely provide strong backend support to companies pursuing for sustainable development. We aspire to co-create environmental sustainability and to work toward zero emissions.

Upon announcing its membership in the global renewable energy initiative RE100 in March 2021, Delta promised to achieve 100% renewable energy consumption and carbon neutrality throughout its global operations by 2030. Delta is also the first Taiwanese high tech manufacturer to commit to RE100 goal by 2030. Delta’s operations are located throughout five continents. To achieve RE100 goal, Delta will focus on voluntary energy conservation, in-house solar power generation and consumption, and voluntary investment toward renewable power plants. Concurrently, Delta will also assess the maturity of local green energy markets to carry out PPAs or the purchase Renewable Energy Certificates (RECs) to fulfill its commitment. The solar power generated from Delta’s major production sites amounted to approximately 25.3 million kWh in 2020, while 285 million kWh was purchased through RECs. The renewable energy consumption at major production sites accounted for approximately 55.1% of total energy consumption, and reaches approximately 45.7% of total energy consumption throughout all global operations. To accelerate green energy PPA procurement, Delta has also formed an inter-departmental "Delta Green Energy Team" at the beginning of 2021. To sign long-term PPA agreements, the team selects sustainable power generation projects with smaller environmental impacts and conducts onsite inspection and assessment.

In response to the enactment of the major electricity consumer regulation pursuant to the Renewable Energy Development Act, coupled with the formal request for supply chains to use green energy in production from major international customers, the demand for renewable energy generation continues to rise. Nevertheless, the renewable energy market is still in its infantry, leading to a shortage of green energy supply in the short-run. To respond to this challenge, on top of actively evaluating green energy PPAs, Delta is also committed to developing various renewable energy application solutions to assist power generation businesses to utilize renewable energy with more efficiency. By implementing smart control over discharge and charging times, energy storage systems developed using Delta’s core technologies can enhance the compatibility between power consumption and renewable energy generation. Delta’s renewable energy solutions have been widely used in green power plants throughout the world, including TCC. To stabilize the output of solar power generation, TCC has adopted Delta’s centralized three-phase solar PV inverters in power plants including TaiPower’s largest 150MW station in Tainan, south of Taiwan. Additionally, the two enterprises have also planned to further collaborate to create synergies for sustainable development.

*Based on estimates from the Council of Agriculture, in which one hectare of the forest may absorb up to 15 MTs of carbon emissions in each year. Therefore, one Daan Forest Park (25.8 hectares) would have an annual carbon reduction of 384.6 MTs.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 10 consecutive years. In 2020, Delta was also recognized by CDP with two "A" leadership level ratings for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain

For detailed information about Delta, please visit: www.deltaww.com

Related Links :

https://www.deltaww.com/

China Liberal Enters into Strategic Cooperation Agreement to Provide Smart Kindergarten Solutions

The Company is exploring new market opportunity of information construction business in preschool education industry

BEIJING, Aug. 12, 2021 — China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", the "Company", or "we"), an educational services provider in China, providing, among other services, smart campus solutions, today announced that it entered into a strategic cooperation agreement (the "Agreement") with Boya Shoushan Kindergarten ("Boya"), a high-quality exemplary kindergarten in Cangshan District of Fuzhou City, on August 11, 2021. Pursuant to the Agreement, the Company agrees to provide Boya with comprehensive smart kindergarten solutions including data management and kindergarten facility reconstruction.

The Company’s smart kindergarten solutions include six major sections: kindergarten portal, attendance and temperature measurement management, faculty management, teaching management, kindergarten operation and home-school interaction. The Company utilizes advanced technology to build a unified platform to collect the underlying data of all aspects of the kindergarten management to gather integrated information on children’s attendance, class management, material use, fee collection and refund, faculty management, and kindergarten operations. The kindergarten uses the Company’s solutions to complete real-time data monitoring, information collection, intelligent analysis, and visual presentation to reduce management errors in the kindergarten.

Ms. Ngai Ngai Lam, Chairwoman and CEO of China Liberal, commented, "There is a huge addressable market in the preschool education industry. The relaxation of population policy and the rapid urbanization in China create a huge market demand for preschool education, but informatization in preschool education industry is still in its infancy. Therefore, the application of education informatization has great potential in the field of preschool education. Looking forward, we will further expand  preschool education business through building a smart system that integrates software, hardware, platforms and services, and continue to promote the innovation and transformation of the preschool education industry."

About China Liberal Education Holdings Limited

China Liberal, headquartered in Beijing, is an educational services provider in China. It provides a wide range of services, including those under Sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a "smart campus"; and tailored job readiness training to graduating students. For more information, visit the company’s website at ir.chinaliberal.com.

Forward-Looking Statements

This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Investor Relations Contact

China Liberal Education Holdings Limited
Email:ir@chinaliberal.com

Ascent Investor Relations LLC
Ms. Tina Xiao
Email:tina.xiao@ascent-ir.com 
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Macronix and Foxconn Sign Asset Transaction Agreement for 6-inch Wafer Fab

HSINCHU, Aug. 6, 2021 — Macronix International Co., Ltd. ("Macronix") (TWSE: 2337), a leading integrated device designer and manufacturer in Non-Volatile Memory (NVM), and Hon Hai Technology Group ("Foxconn") (TWSE: 2317), the world’s largest electronics manufacturer and service provider, today announced the signing of an Asset Transaction Agreement for the sales of Macronix’s 6-inch wafer fab and equipment in Hsinchu Science Park to Foxconn for NT$2.52 billion. The transaction is expected to be closed by the end of 2021.

The Asset Transaction Agreement was signed by Dr. Chih-Yuan Lu, President of Macronix, and Dr. Bob Wei-Ming Chen, President of Foxconn Semiconductor Business Group ("S Business Group"). The momentous event was also witnessed by Mr. Miin Wu, Chairman and CEO of Macronix, and Mr. Young Liu, Chairman and CEO of Foxconn. Not only does the transaction reflect Foxconn’s commitment to the long-term "3+3" (industry and technology) company vision but it also signifies a deeper commercial collaboration between Macronix and Foxconn.

"The acquisition of the 6-inch wafer fab in Hsinchu Science Park officially signals Foxconn’s entry into the manufacture and development of wide band gap semiconductors, especially SiC, paving the way for a long-term commitment to semiconductor development. The manufacturing of SiC is in line with Foxconn’s 3+3 strategy (EV, digital health, Robotics + AI, semiconductor, advanced communication). SiC MOSFET is an important device for EV, while EV occupies the No.1 position in Foxconn’s 3+3 strategy. The 6-inch wafer fab will function as S Business Group’s headquarters in Hsinchu, the world famous semiconductor cluster, enabling closer partnership with the semiconductor companies based in the Hsinchu Science Park", said Mr. Young Liu, Chairman and CEO of Foxconn.

"To enhance advanced technology and global competitiveness, Macronix will focus on 12-inch wafer business, especially R&D and manufacturing of the advanced 3D NAND Flash and NOR Flash products after capacity expansion. Macronix is pleased to see the subject 6-inch wafer fab continue to make its contribution to Taiwan as Foxconn commits to have the fab be used as an important base for Foxconn to reinforce its semiconductor development plan and to meet the demand of electric vehicles. Considering that Macronix is advancing to take the lead in the global automotive electronics market, a closer collaboration between Macronix and Foxconn in the near future may be anticipated", said Mr. Miin Wu, Chairman and CEO of Macronix.

The interim Board meeting was held by Macronix and Foxconn respectively this morning to approve the above transaction, and the contract signing ceremony was held shortly at the subject 6-inch wafer fab. The subject 6-inch wafer fab, located in Hsinchu Science Park with completed industrial supply chain. In addition to manufacture SiC Power MOSFET, Foxconn confirmed that it will also manufacture silicon wafer products, such as MEMS, in order to achieve Foxconn’s strategic goals on development of semiconductors industry, electric vehicles, and digital health.

About Macronix

Macronix, a leading integrated device manufacturer in the non-volatile memory (NVM) market, provides a full range of NOR Flash, NAND Flash, and ROM products. With its world-class R&D and manufacturing capability, Macronix continues to deliver high-quality, innovative and performance-driven products to its customers in the consumer, communication, computing, automotive, networking and other market segments.

Find out more at www.macronix.com

About Hon Hai Technology Group

Established in Taiwan in 1974, Hon Hai Precision Industry Co., Ltd. ("Foxconn Technology Group") (2317: Taiwan) is the world’s largest electronics manufacturer. Hon Hai is also the leading technological solution provider and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. To learn more, visit: www.honhai.com

Related Links :

https://www.macronix.com