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PR Newswire

SK Telecom Showcases Green ICT at CES 2022

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LAS VEGAS, Jan. 2, 2022 — SK Telecom (NYSE: SKM, hereinafter referred to as "SKT") today announced that it will participate in CES 2022, which will be held in Las Vegas from January 5 to 8, 2022, to showcase green ICT in the era of Net Zero. 

SKT Showcases Green ICT at CES 2022
SKT Showcases Green ICT at CES 2022

SKT will operate a joint exhibition booth with SK Inc., SK Innovation, SK hynix, SK E&S and SK Ecoplant under the theme of ‘SK’s 2030 Net Zero Pledge’ and offer a chance for visitors to experience its innovative green technologies. 

  • Environmentally friendly AI and telecommunications network technologies

AI and telecommunications networks stand at the core of ICT innovation. However, they are also pointed out as a cause of environmental pollution due to the large amount of power they consume. Against this backdrop, SKT is accelerating an ICT revolution through the development and application of low-power high-efficiency semiconductors and energy-saving telecommunications network technologies. 

At CES 2022, SKT will be showcasing its self-developed AI chip named SAPEON. SAPEON is optimally designed to process artificial intelligence tasks faster, using less power by efficiently processing large amounts of data in parallel.

With the rapid spread of AI services in people’s daily lives and industries, the amount of data that needs to be processed is growing exponentially. However, the existing AI data centers that use Graphics Processing Units (GPU) for inference are receiving criticism for consuming a great amount of energy. SAPEON is an environmentally-friendly solution as it uses 20% less power than GPU, while supporting 1.5 times faster deep learning computation. 

SKT will also introduce Single RAN, a technology that reduces the amount of power usage by approximately 53% through integrated operation of 3G and LTE network equipment. The company either replaced the outdated 3G and LTE equipment with new equipment applied with Single RAN or upgraded the software of its existing LTE equipment with Single RAN to operate as both 3G and LTE equipment.

By successfully applying Single RAN to all applicable base stations and repeaters installed in 78 cities in Korea including Seoul in 2020, SKT earned around 10,000 tons of carbon credits. 

  • ICT solutions for reducing carbon generation in daily lives 

At CES 2022, SKT will invite visitors to experience its metaverse service, multi-use cup project and other ICT services that can help reduce CO2 emissions such as optimal route navigation service. 

The company will introduce its metaverse platform Ifland as a new promising path towards a low carbon society. Ifland allows users to take carbon generating activities such as conferences, presentations and business trips to the virtual world. 

It provides a wide variety of virtual spaces including conference halls, outdoor stages and rooftops, and enables users to enjoy rich communication by sharing documents (PDF) and video files (MP4). It can accommodate up to 130 users simultaneously, which makes it an ideal place for large-scale events. 

Ifland has been providing users with a new and environmentally friendly experience by migrating diverse offline events to the virtual world ranging from the D-100 event for 2021 Seoul UN Peacekeeping Ministerial and K-pop concerts. 

SKT will also present the Habit Cup Project that promotes the use of multi-use cups to reduce plastic waste. Coffee shops participating in the project are serving beverages in multi-use cups named ‘Habit Cups’ that can be later returned via smart kiosks capable of identifying and accepting only Habit Cups through the use of SKT’s vision AI technology. Returned cups are collected everyday to be cleaned and sanitized, and then delivered back to cafes. 

At present, SKT is carrying out a trial project joined by around 20 cafes located in central areas of Seoul, where there is a large floating population. The company expects to eliminate the use of 1.2 million disposable cups during the three-month project period. It is also implementing a trial project in Jeju Island, and expects to reduce the use of 630,000 disposable cups per year. 

Korea’s No.1 mobility platform T Map will also be on display. By providing an optimal route, T Map contributes to reducing greenhouse gas emissions and saving fuel. The service also helps save social costs by decreasing the risk of traffic accidents through enhanced safety features like sudden brake alert. 

"At CES 2022, we will be showcasing cutting-edge technologies that can drive the green ICT revolution, along with innovative services that hold the power to reduce carbon generation in our daily lives," said SKT. "Through multifaceted efforts, SKT will become a solid leader in the era of Net Zero." 

About SK Telecom

SK Telecom (NYSE: SKM) is Korea’s leading ICT company, driving innovations in fixed & wireless telecommunications, AI service, and digital infrastructure service. Armed with cutting-edge ICT including AI and 5G, the company is ushering in a new level of convergence to deliver unprecedented value to customers. As the global 5G pioneer, SKT is committed to realizing the full potential of 5G through ground-breaking services that can improve people’s lives, transform businesses, and lead to a better society.

SKT boasts unrivaled leadership in the Korean mobile market with over 30 million subscribers, which account for nearly 50 percent of the market. 

For more information, please contact skt_press@sk.com or visit our LinkedIn page www.linkedin.com/company/sk-telecom.

 

PR Newswire

FIBBR unveils Quantum fiber-optic HDMI cable

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New fiber-optic cable offers blazing 8K speed at previously unheard-of consumer-friendly prices.

NEW YORK, Jan. 2, 2022 — FIBBR (pronounced "fiber"), a world-leading manufacturer of high-end audio and video cables, has expanded its product line up with the new Quantum fiber-optic HDMI cable. The new cable supports data bitrates up to 48 gigabits per second, the highest speed of the new HDMI 2.1 standard. That’s fast enough to fully convey 8K/60Hz or 4K/120Hz video and advanced audio along a single, slender cable. 

FIBBR unveils Quantum fiber-optic HDMI cable
FIBBR unveils Quantum fiber-optic HDMI cable

Fiber-optic cables offer many benefits over their copper counterparts, especially in long cable runs. At such high bitrates, copper cables longer than 10 feet or so can really struggle to get the data from point A to point B. But fiber-optic cables are immune to this problem; they can extend to just about any length with no loss of signal whatsoever. In addition, they are invulnerable to electrical interference, with no need for fancy, bulky shielding. 

How do they work? The transmitting end converts electrical signals into pulses of light, which travel along the fiber-optic cable and are converted back into electrical signals at the receiving end. This "light into copper" process is bound to become the standard means of conveying 8K video reliably between devices. 

The only problem with fiber-optic HDMI cables has been their high cost—until now. FIBBR Quantum smashes the price barrier, allowing far more consumers to join the fiber revolution. A 2-meter/6.56-foot length carries a price tag of only $21, while a humongous 20-meter/65.6-foot cable is only $60. That’s a small fraction of what most fiber-optic HDMI cables cost. 

FIBBR Quantum is fully compatible with all the requirements of HDMI 2.1. It’s an entry-level product that nevertheless promises to bring stunning 8K performance to the masses at down-to-earth prices. 

About FIBBR: 

Founded in 2015, FIBBR is the global high-end audio and video signal-connection brand of EverPro Technologies Co., Ltd. The company offers a wide range of data-transmission products for many different interfaces, and its cables are sold all over the world. FIBBR has established official cooperation with well-known brands such as Huawei, BenQ, Pioneer, Sony, and others, providing technological innovation in the audio-visual market. 

Contact:
FIBBR marketing team
fibbr@everprotech.com

PR Newswire

JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Completes IPO Registration with China Securities Regulatory Commission

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SHANGRAO, China, Dec. 28, 2021 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, according to the information published by the China Securities Regulatory Commission ("CSRC"), its principal operating subsidiary Jinko Solar Co., Ltd. ("Jiangxi Jinko") has completed its initial public offering ("IPO") registration process with the CSRC and will soon enter the issuance process for its IPO on the Shanghai Stock Exchange’s Sci-Tech innovation board. The consummation of the IPO is subject to, among other things, market conditions.

Mr. Xiande Li, JinkoSolar’s Chairman of the Board of Directors and Chief Executive Officer, commented, "We are very pleased that Jiangxi Jinko will soon enter the issuance process for its IPO and gain access to the fast-growing capital market in China, which we believe will further strengthen our leadership in the PV industry."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules, as of September 30, 2021.

JinkoSolar has 9 productions facilities globally, 22 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2021.

For more information:  www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

PR Newswire

YES (Yield Engineering Systems, Inc.) Acquires SPEC (Semiconductor Process Equipment Corp.)

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Adds Wet Processing to its Expanding Portfolio of Surface & Material Enhancement Solutions

FREMONT, Calif., Dec. 22, 2021 — YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for semiconductor advanced packaging, life sciences and "More-than-Moore" applications, today announced that it has acquired SPEC (Semiconductor Process Equipment Corporation) of Valencia, California for an undisclosed amount. The companies had announced a strategic partnership agreement in June.

The purchase brings together two longtime, trusted semiconductor equipment suppliers with more than 70 years of industry experience between them. "YES and SPEC have many characteristics in common," said Rama Alapati, CEO of YES. "Both of us have accumulated decades of technological expertise and have installed hundreds of systems in dozens of countries. We both take pride in our many repeat customers, and our excellent industry reputations. In acquiring SPEC, we feel YES is now better-positioned to meet the growing demands of current and future customers in emerging markets such as HPC, AI/ML, 5G, autonomous driving, augmented reality, and other computationally intensive applications."

"The SPEC product line, which includes cleaning, etching, stripping and plating equipment, complements our portfolio well, and will allow YES to extend our offerings into the wet processing market," added Rezwan Lateef, President of YES. "We welcome SPEC’s employees to the YES team, and we look forward to developing a variety of new products together to address and anticipate customer needs."

"SPEC is very pleased to join forces with YES. With global demand for semiconductors increasing dramatically, this merger could not have come at a better time for both companies. We are excited to help YES open new markets and opportunities for our proven wet-process technologies going forward," said Kevin McGillivray, co-founder of SPEC.  

In addition to augmenting its personnel resources with the SPEC staff, YES will gain more than 40,000 square feet of manufacturing, assembly, and cleanroom space in Valencia, as well as SPEC’s regional offices around the world.

About YES

YES (Yield Engineering Systems, Inc.) is a preferred provider of high-tech, cost-effective equipment for transforming surfaces, materials, and interfaces. The company’s product lines include vacuum cure systems, chemical vapor deposition (CVD) systems, and plasma etching tools used for precise surface modification and thin-film coating of semiconductor wafers, semiconductor and MEMS devices, biosensors and medical substrates. With YES, customers ranging from startups to Fortune 100 companies can create and volume-produce products in a wide range of markets, including Advanced Packaging, MEMS, Augmented Reality/Virtual Reality and Life Sciences. YES is headquartered in Fremont, California, with a growing presence globally. For more information, please visit www.yieldengineering.com.

About SPEC

SPEC (Semiconductor Process Equipment Corporation) is a highly experienced supplier of surface conditioning wet process equipment. Since 1986, SPEC has designed and manufactured wafer-level and device-level wet process equipment for acid and solvent surface modification (cleaning, etching, stripping), electroplating, and electroless (chemical) plating for all industries requiring a high level of process cleanliness. SPEC’s products are used for polysilicon chip, chunk, and ingot cleaning; crucible cleaning, cavity cleaning for particle accelerators, chemical mixing and delivery, hard drive component cleaning, and quartzware cleaning. SPEC systems are engineered to match the unique requirements of the end user. For more information, please visit www.team-spec.com.

Media Contact
Victoria Barnes
Director of Communications
YES (Yield Engineering Systems, Inc.)
510-954-6723 direct
VBarnes@yieldengineering.com

PR Newswire

Delta to Acquire Universal Instruments – a Leader in Precision Automation Solutions for Electronics Manufacturing -to Further its Smart Manufacturing Capabilities

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TAIPEI, Dec. 18, 2021 — Delta Electronics, Inc. (later referred to as "Delta"), a global leading provider of smart energy-saving solutions, today announced the agreement to acquire, through its subsidiary Delta International Holding Limited B.V., UI Acquisition Holding Co., owner of Universal Instruments Corporation and its worldwide branches and subsidiaries for an estimated amount of US$88.9 million (approx. NT$2,471,420 thousand)**. Universal Instruments, a global leader in precision automation solutions for smart manufacturing, boasts a lineage of over 100 years and provides precision automation solutions to world-leading customers in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion. The transaction is expected to generate substantial synergies by leveraging both companies’ R&D and global customer base and to strengthen Delta’s smart manufacturing capabilities for the electronics industry. 

Mr. Ping Cheng, Delta’s chief executive officer, said, "Universal Instruments has built a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business. Furthermore, by adding Universal’s precision automation machine offering and leading technologies to our highly diversified industrial automation portfolio, we can offer customers total solutions capable of enhancing the productivity and carbon footprint of their production lines. Universal Instruments’ rich experiences in standard automation machines will also enhance Delta’s product development processes. We look forward to cooperating deeply with Universal Instruments to accelerate the development of Delta’s next-generation smart manufacturing solutions."

Jean-Luc Pelissier, Universal’s chief executive officer, commented "Delta has been a long term customer partner of Universal Instruments, and we are privileged to now be part of the Delta family. Delta’s global scale, strong presence in Asia, smart manufacturing prowess, and deep understanding of electronics automation needs supports our technology development and growth strategy. This unique combination will expand our scalability, improve our global reach, and also complement our supply chain and manufacturing footprint, thereby greatly benefiting all our customers."

Throughout its 100-year history, Conklin, NY-based Universal Instruments has devoted itself to technological innovation and development, reflected in its 500+ patent portfolio and close to 30,000 systems delivered to date. The Company offers Precision Automation solutions for advanced applications requiring high accuracy, high-speed handling, assembly, and inspection.  In addition, Universal Instruments developed its Advanced Process Lab (APL) platform, which assists customers in each phase of the products’ lifecycle (prototyping, process development, analytics, and advanced assembly). 

Following the aforementioned transaction, Universal Instruments shall continue operating under the leadership of its original management team.

** The closing of the transaction is subject to satisfaction of certain closing conditions in the Purchase Agreement.

About Delta

Delta Electronics, 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 (DJSI) for 11 consecutive years, and its ESG performance was recognized with the highest score in the global electronic equipment industry in 2021 by DJSI. 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

PR Newswire

Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles

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SAN ANTONIO, Dec. 16, 2021 — Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases. This will lower initial investments and reduce the time to market. As ECMs enable greater flexibility through increasing modularity and reusability, OEMs can efficiently use available space and reduce the lead time for new models. Their suitability for autonomous delivery vehicles, eShuttles, and electric light commercial vehicles (eLCVs) is expected to result in a $5.20 billion global market by 2030.

electric corner modules (PRNewsFoto/Frost & Sullivan)
electric corner modules (PRNewsFoto/Frost & Sullivan)

For further information on this analysis, please visit: https://frost.ly/6u8

"Purpose-built vehicles such as autonomous delivery vans, robo-taxis, and eShuttles need increased usable volume for cargo or passengers, making ECM-equipped vehicles ideal as they can carry up to 30% more volume as a similar-sized vehicle," noted Thirumalai Narasimhan, Senior Research Analyst, Mobility Practice at Frost & Sullivan. "ECMs can be updated over the air for sensor integrations and upgrades to autonomous driving. These upgrades can offer additional capabilities such as rear-wheel steering by swapping the existing module with a steerable module."

Narasimhan added: "ECM adoption is likely to increase after 2025 when OEMs start offering purpose-built vehicles based on skateboard architecture. As they develop models with new platform strategies that are not hindered by multi-energy platforms, they will find greater value in integrating ECMs in their vehicles."

As electric vehicles and autonomous driving become more mainstream, there will be inevitable changes in automotive design and development. This will lead to growth opportunities that ECM suppliers can leverage by:

  • Developing modular and flexible skateboard platforms, allowing OEMs to offer numerous models without investing significantly in powertrain components.
  • Integrating ECMs into EV architecture, enabling the seamless introduction of automation.
  • Partnering with OEMs for platform licensing, accelerating the vehicle’s time-to-market by helping OEMs reduce development time and cost.
  • Addressing maneuverability, space, and drive-by-wire requirements, allowing the vehicle to make different turns that would not have been possible in the traditional configuration.

Global Autonomous Vehicles Regulatory Growth Opportunities is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion.

Global Electric Corner Module Market, Growth Opportunities, 2021
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Media Contact:
Srihari Daivanayagam, Corporate Communications
P: +91 44 6681 4412
E: srihari.daivanayagam@frost.com
https://www.frost.com

 

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PR Newswire

ViewSonic Introduces ViewBoard Box to Transform Classrooms into Immersive Digital Learning Spaces in Seconds

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Provide Easy Access to myViewBoard Ecosystem and Centralized Management Across Multiple Displays

BREA, Calif., Oct. 28, 2021 — ViewSonic Corp., a leading global provider of visual solutions, has launched the ViewBoard Box—a palm-sized plug and play device that works with compatible mainstream displays, monitors, and projectors. It provides instant access to the company’s myViewBoard ecosystem and brings enhanced engagement and collaboration to learning spaces. Moreover, it helps IT administrators to streamline the work process by offering device management to centrally control displays remotely with myViewBoard Manager.  

ViewSonic introduced the ViewBoard Box to provide instant access to myViewBoard and centralized management across multiple displays, bringing enhanced engagement and collaboration as well as facilitating campus-wide communication in learning spaces.
ViewSonic introduced the ViewBoard Box to provide instant access to myViewBoard and centralized management across multiple displays, bringing enhanced engagement and collaboration as well as facilitating campus-wide communication in learning spaces.

"At the moment, we are seeing the acceleration of a number of changes that were already underway in education, such as greater digitalization of in-person classrooms, and the proliferation of remote learning," said Monica Sun, Director of the Presentation Group at ViewSonic. "Purpose-built to facilitate communication and engagement, the myViewBoard ecosystem has benefitted more than 4 million customers. With the introduction of the ViewBoard Box, we want to open this powerful visual learning platform to an even greater number of educators, students, and institutions—without the need to undertake major upgrades in their infrastructure."

ViewBoard Box is the ideal solution for upgrading existing displays to enable digital classrooms with myViewBoard Suite for better engagement and collaboration. It also offers centralized and secure control over display devices with myViewBoard Manager, the web-based device management system. The app allows IT administrators to remotely manage all connected devices, from changing device operation settings, broadcasting tailored messages on multiple devices, to tracking device metrics such as power or data usage, all can be done with a click on the dashboard.

Simply connecting to any displays via HDMI, the ViewBoard Box transforms the display into a powerful and interactive device instantly and delivers immersive teaching and learning experiences through myViewBoard. This comprehensive software suite contains digital whiteboarding tools, a vast range of rich digital education content in myViewBoard Clips and Originals, as well as wireless screen sharing with myViewBoard Display to make group collaboration easier.

With its Hexa-core CPU performance and palm-sized form factor, the ViewBoard Box is powered by PoE (Power over Ethernet), eliminating the need for a separate power supply, and keeping spaces clutter-free. This simplifies installations and saves additional resources and manpower required to run new cables.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference." To find out more about ViewSonic, please visit www.viewsonic.com.

Related Links :

http://www.viewsonic.com

PR Newswire

ReneSola Power Announces Notice of Annual General Meeting

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STAMFORD, Conn., Oct. 22, 2021 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. (Beijing time) on Friday, December 10, 2021.

Copies of the notice of the AGM, proxy form, poll card and annual report are available on ReneSola Power’s investor relations website at http://ir.renesolapower.com.

AGM Resolutions

The following resolutions to be proposed at the AGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

  1. As a resolution of shareholders, to receive, consider and approve the consolidated financial statements of the Company for the year ended December 31, 2020, together with the reports of the auditors thereon.
     
  2. As a resolution of shareholders, to re-elect Ms. Julia Xu and Mr. Sam (Kaiheng) Feng as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
     
  3. As a resolution of shareholders, to appoint Ms. Yuanyuan Ma as a director of the Company who was originally appointed as a director by the Board of Directors in accordance with the articles of association of the Company.
     
  4. As a resolution of shareholders, to further amend the 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010, August 29, 2016 and December 21, 2020) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan 22,500,000 shares (equivalent to 2,250,000 American Depositary Shares) to 42,500,000 shares (equivalent to 4,250,000 American Depositary Shares).

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

PR Newswire

ViewSonic and Hustle Fund Launch the Global “Acceleration for All” Awards for Entrepreneurs

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BREA, Calif., Oct. 7, 2021 — ViewSonic[i], a leading global provider of visual solutions, is partnering up with Hustle Fund, a pre-seed venture capital firm that invests in early-stage startups, to launch the Acceleration for All Awards (The Affies). The initiative gives aspiring entrepreneurs and startups a jumpstart on their business ideas. Winners will have the opportunity to network with industry greats, win ViewSonic products, and funding. Submission starts on October 6, and ends on November 15, 2021, and is open to participants all over the world.

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"At ViewSonic, we are constantly innovating to create cutting-edge products, from monitors to digital display solutions, to enhance the business needs of everyday people. We believe in supporting passionate entrepreneurs and exciting startups with innovative devices and software to realize their dreams," says Oscar Lin, General Manager of the Monitor Business Unit at ViewSonic. "We hope that our partnership with Hustle Fund will give the movers and shakers a platform to shine and perform their very best."

"Starting a company can be incredibly lonely and challenging. But everyone who has built something great all started the same way – by just starting. At Hustle Fund, we appreciate the courage of founders and have made it a goal to unblock their talent with capital. We are excited to work with ViewSonic on The Affies as we share a similar mission to propel great founders with technology. This collaboration between our two companies will bring opportunities for entrepreneurs and startups to learn and grow together," says Eric Bahn, Co-Founder and General Partner at Hustle Fund. "We also hope to continue our partnership with ViewSonic to create more ways for upcoming businesses to thrive."

Available to early-stage and mature startups from various industries, The Affies is a program that seeks to invest and fund winning participants. To be part of the competition, keen participants have to submit details on their startup’s product, current progress, and more. Winners will be chosen by a panel of esteemed judges from ViewSonic, Hustle Fund, and Tech Crunch. The five categories include Best B2B, Best Consumer, Best Creator, Best Crypto, and the public-voted People’s Choice.

An exclusive online awards ceremony will be held on January 12, 2022 to announce the winners. The winning startups of each category can either choose to receive an investment of USD 10,000 funding at USD 2 million post-money[ii] valuation on a YC SAFE[iii], or participate in an exclusive six-week series of weekly one-on-one meetings with the Hustle Fund General Partners. 

The top-5 startups will also get their hands on brand new ViewSonic products worth USD 6,000 to enhance their productivity. The prizes include the following:

  • Business displays such as VG2440V equipped with an in-built web camera, VG2456 with versatile USB-C capabilities, and the ultra-wide VG3456 for seamless multitasking
  • Touch displays such as TD1655 and TD2456 for creating productive workspaces
  • Professional ColorPro monitors designed for creative work, which includes VP2756-2K, VP2756-4K, VP3481, VP3881

For more information on The Affies, interested participants may visit the campaign website.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference". To find out more about ViewSonic, please visit www.viewsonic.com.

About Hustle Fund

Hustle Fund is a pre-seed/seed-stage fund based in San Francisco and Singapore founded in 2017 by Elizabeth Yin, Shiyan Koh, and Eric Bahn. From their combined experience as successful founders, tech employees, and investors, Hustle Fund’s General Partners learned that, despite entrenched stereotypes in the venture world, great founders look like anyone and come from anywhere. Hustle Fund’s core investment strategy is to invest in teams who demonstrate relentless speed and execution (defined as ‘hustle’) and has turned the VC model on its head. The investment team reviews over 600 deals per month, moves quickly to invest a modest initial check, and then works with the founder to monitor their speed/execution before qualifying startups for a larger, concentrated checks. Hustle Fund has developed an incredible global reputation with founders and investors alike.

[i] The awards is hosted and sponsored by ViewSonic International Corp., located in New Taipei City, Taiwan. ViewSonic International Corp. is a subsidiary of ViewSonic Corp. located in California, USA.

[ii] Post-money means that the company and the investor agree upfront on both the amount to be invested and the valuation cap of the round. The big advantage of a post-money SAFE is that it provides clarity on how much ownership of the company has been exchanged for the investment.

[iii] SAFE, or Simple Agreement for Equity, is an agreement between the founders of the business and the investor (in this case, it’s Hustle Fund). Under this agreement, both parties agree that the initial investment of USD 10,000 provides the investor the rights to future equity (i.e. shares of stock after going public) in the founders’ company.

 

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Sigma Lithium and LG Energy Solution Sign Milestone Six-Year Binding Term Sheet for Lithium Offtake Agreement

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VANCOUVER, BC, Oct. 5, 2021 —  

HIGHLIGHTS

  • Binding offtake term sheet signed between Sigma Lithium and LG Energy Solution to supply Battery Grade Sustainable Lithium Concentrate through 2027, with start of commercial delivery set for 2022.
  • LG Energy Solution to purchase on a "take-or-pay" basis 60,000 tons per year of Battery Grade Sustainable Lithium Concentrate for the first phase of Sigma Lithium’s production, increasing by 40,000 tons per year during the second phase of production, for a total purchase on a "take-or-pay" basis of 100,000 tons per year.
  • Pricing will be floating and linked to market prices for high purity lithium hydroxide.
  • LG Energy Solution and Sigma mutually have agreed to optional additional offtake volumes of up to 50,000 tons per year of Battery Grade Sustainable Lithium Concentrate.

 

Sigma Lithium will provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate to support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy.
Sigma Lithium will provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate to support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy.

Sigma Lithium Corporation ("Sigma Lithium") (NASDAQ: SGML) (TSX-V: SGML), dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium concentrate, announced the signing of a binding term sheet for an offtake agreement on a "take or pay" basis (the "Offtake") for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate ("Battery Grade Sustainable Lithium Concentrate") to LG Energy Solution, Ltd ("LGES"), one of the world’s largest manufacturers of advanced lithium-ion batteries for electric vehicles.

The six-year LGES Offtake for Battery Grade Sustainable Lithium Concentrate scales from 60,000 tons per year in 2023 to 100,000 tons per year from 2024 to 2027 ("Guaranteed Take-or-Pay Quantity") subject to Sigma Lithium and LGES executing a mutually acceptable definitive documentation to implement the Offtake. Sigma Lithium and LGES also agreed to negotiate each year, starting in 2022, an additional optional supply of Battery Grade Sustainable Lithium ("Optional Offtake Quantity"), not otherwise committed in other Sigma Lithium offtake arrangements, as per the table below. 

2022

2023

2024

2025

2026

2027

Guaranteed Quantity
(in dry metric tonnes)

0

60,000

100,000

100,000

100,000

100,000

Optional Quantity
(in dry metric tonnes)

15,000

15,000

50,000

50,000

50,000

50,000

The purchase price for the Battery Grade Sustainable Lithium Concentrate under the Offtake will be linked to market prices for the high purity lithium hydroxide during the term of the Offtake.

The Offtake is intended to be legally binding on both Sigma Lithium and LGES, and is subject to, among other things, completion of the negotiation of definitive written agreement(s), which are to be consistent with the agreed terms contained in the binding term sheet.

"With the rapid growth of the EV battery market, securing large volumes of environmentally sustainable and high-quality lithium materials is becoming one of the important sources of competitiveness in our industry," said Mr. Dong Soo Kim, Senior Vice President of Procurement Center at LG Energy Solution. "We are delighted to sign this landmark offtake with Sigma Lithium, sourcing environmentally-friendly battery-grade sustainable lithium concentrate directly from the upstream producer and collaborating with Sigma Lithium to make our battery supply chain increasingly more sustainable through our shared focus on innovation and ESG."

"Since 2018, Sigma Lithium has been producing battery-grade sustainable lithium concentrate at its on-site demonstration pilot plant while executing our sustainability roadmap to support decarbonization and reach net zero emissions by 2024," said Ana Cabral-Gardner, Co-CEO, Sigma Lithium. "We believe this offtake will create long-term value for all of our stakeholders. Sigma Lithium has been able to deliver large samples of one of the purest, most environmentally and socially sustainable lithium concentrates in the marketplace to potential customers. Thus, our focus on sustainability and the investments we made in our assets to develop an environmentally friendly process to produce battery grade sustainable lithium concentrate, enables Sigma Lithium to attain a leading industry position, supplying LG Energy Solution, the largest global producer of advanced batteries for electric vehicles and green energy storage."

"We are truly delighted to have the ability to provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate that will support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy," added Cabral-Gardner. "This offtake is perfectly aligned with our strategy of creating direct commercial relationships with the largest Tier 1 battery producers (who are the final end-users in the lithium supply chain), providing stability to our future cash flows.  Sigma Lithium’s production process is 100% powered by clean energy, does not utilize hazardous chemicals, recirculates 100% of the water and dry stacks 100% of its tailings. We believe that sustainable, scalable and reliable production of high-quality lithium will be essential to meeting demand from sustainable energy leaders like LGES."

ABOUT SIGMA LITHIUM

Sigma Lithium is a Canadian company developing, with an environmental sustainably ESG focused strategy, the largest hard rock lithium deposits in the Americas, located in its wholly owned Grota do Cirilo Project in Brazil (the "Project"). The Company has been producing low carbon high purity lithium concentrate at an on-site demonstration pilot plant (the "Pilot Plant") since 2018. This pilot production has been an important part of the successful commercial strategy of the Company, shipping samples of its low carbon "green & sustainable" high purity lithium to leading global potential customers, for product certification and testing, with the goal of participating in the rapidly expanding electric vehicle ("EV") supply chain.

The Company is in pre-construction and detailed engineering of an environmentally friendly, fully automated, dense media separator ("DMS") production plant, that will apply proprietary algorithms to digitally control the dense media. The production plant will be vertically integrated into the Company´s mining operations, exclusively utilizing as feedstock the high purity spodumene ore with exceptional mineralogy from the Project. The production plant will process the spodumene ore into a high purity 6% battery-grade lithium concentrate engineered to the specifications of its customers in the lithium-ion battery supply chain for EVs.

The Company continues to demonstrate its commercial and market relevance by significantly advancing its strategic goals on three fronts: near-term production scheduled for 2022, completing the studies for the viability of production expansion contemplated for 2023, and the determination of the ultimate extent and unique high-purity quality of mineral resources at the Company´s wholly-owned Grota do Cirilo Project, all while maintaining its strategic leadership in ESG in the lithium supply chain.

In order to secure a leading position supplying the clean mobility and green energy storage value chains, the Company has adhered consistently to the highest standards of ESG practices, which were established as part of its core purpose at inception in 2012. The production process will be powered by clean energy and the Company will use state-of-the art water recirculation circuits in its processing combined with dry stacking tailings management. The DMS process of the production plant does not utilize hazardous chemicals, as a result its tailings are 100% recyclable into ancillary industries, such as ceramics.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT

SIGMA LITHIUM INVESTORS:
Daniel Abdo 
(Sao Paulo) +55 11 2985-0089
daniel.abdo@sigmaca.com

ir@sigmaca.com

Vitor Ornelas 
(Sao Paulo) +55 11 2985-0089
vitor.ornelas@sigmaca.com

SIGMA LITHIUM MEDIA:

Colleen Robar
(United States) +1 313 207 5960
crobar@robarpr.com 

SIGMA LITHIUM SOCIAL MEDIA:

LinkedIn:

@SigmaLithium

Instagram:

@sigmalithium

Twitter:

@SigmaLithium

FORWARD-LOOKING STATEMENTS

This news release includes certain "forward-looking statements" under applicable US and Canadian securities legislation including statements relating to future ESG targets and the achievement of certain milestones, including in relation to  offtake agreements completion, the terms of the Offtake (including quantities), value creation, cash flows as a result of the Offtake and the execution of definitive documentation reflecting the terms of the binding term sheet, relevant internal and organizational approvals, production estimates and other forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events, or developments that the Company believes, expects or anticipates will or may occur are forward-looking information, including statements regarding the entering into of definitive documentation and terms thereof and benefits of the Offtake may or may not occur. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, , metal prices, exchange rates, taxation, the estimation, timing and amount of mineral resources and reserves, future development and production, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes, litigation risks, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, claims and limitations on insurance coverage and other risks of the mining industry, changes in national and local government regulation of mining operations, and regulations and other matters including the COVID-19 pandemic. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to our public filings available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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