Tag Archives: ENT

PR Newswire

China Online Education Group to Report Fourth Quarter 2020 and Full Year 2020 Financial Results on Friday, March 5, 2021

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Earnings Call Scheduled for 8:00 a.m. EST on March 5, 2021

BEIJING, Feb. 27, 2021 — China Online Education Group ("51Talk", or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced that it will report its fourth quarter 2020 unaudited financial results on Friday, March 5, 2021, before the open of U.S. markets.

The Company’s management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on March 5, 2021 (9:00 p.m. Beijing/Hong Kong time on March 5, 2021).

Dial-in details for the earnings conference call are as follows:

United States Toll:

+1-866-264-5888

International:

+1-412-317-5226

Mainland China Toll:

400-120-1203

Hong Kong Toll:

800-905-945

Hong Kong-Local Toll:

+852-3018-4992

Participants should dial-in at least 10 minutes before the scheduled start time and ask to be connected to the call for "China Online Education Group."

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.51talk.com.

A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until March 12, 2021, by dialing the following telephone numbers:

United States Toll:

+1-877-344-7529

International Toll:

+1-412-317-0088

Replay Access Code:

10152865

About China Online Education Group

China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

For more information, please visit http://ir.51talk.com.

PR Newswire

Chinese dance show recreates glamour of Tang Dynasty

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BEIJING, Feb. 26, 2021 — A news report by China.org.cn on a dance show featured Tang Dynasty culture:

 

During Chinese Lunar New Year holiday, dance show "Night Banquet in the Tang Dynasty Palace" went viral on Chinese social media. The five-minute performance depicts a group of plump palace maid figurines who "came to life," capering around on their way to a court feast.

Modern digital technologies including VR and AR, are used to produce a combination of virtual scene with real stage, shifting from a museum housing such national treasures as the owl-shaped wine vessel and Jiahu Bone Flutes, to majestic red-walled palaces. This visual feast allowed viewers to travel back in time to the Tang Dynasty.

The Tang Dynasty is considered a golden age in China’s long history. In the seventh century, when America and Africa were still "sleeping continents," China was experiencing unprecedented national unity, with wise and open-minded political governance, intellectual liberation and a vibrant economy. Diverse cultures intermixed, and the Chinese civilization spread throughout the world along the ancient Silk Road.

In the show, the dancers wore padded clothing with cotton in their cheeks to better represent the full-figured Tang women. Meanwhile, the crescent-shaped makeup on their temples faithfully reproduced the fashionable "xiehong" makeup of the time. The dancers were dressed in simple and bright clothing with low-cut necklines, showing the diverse Tang Dynasty fashion. These details vividly illustrate the free, open and confident look of Tang women, as well as the affluence and openness of the society.

The dancers wielded flutes, cymbals, five-stringed lutes and panpipes, which were popular musical instruments during the Sui and Tang dynasties. Many of these were introduced to China during ancient times, demonstrating the Tang Dynasty’s inclusive culture which integrated elements from East and West.

Openness, inclusiveness and the coexistence and mixture of different civilizations are why this period continues to fascinate people around the world, and the idea behind it is a valuable heritage passed on by the Tang Dynasty.

Nowadays, many people from other countries are keenly interested in cultural elements from the Tang dynasty, including the costumes, architecture, and related films and TV shows. At the same time, however, some have also deliberately stirred up controversy. The real Tang Dynasty culture is worth more attention.

"Night Banquet in the Tang Dynasty Palace" gives viewers a glimpse into this fascinating culture. Through the mobile internet and digital technologies, these "national treasures," preserved as part of China’s 5,000-year history and culture, are waiting to be known and appreciated by more.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Chinese dance show recreates glamour of Tang Dynasty
http://www.china.org.cn/video/2021-02/26/content_77251433.htm

Related Links :

http://www.china.org.cn

PR Newswire

HUYA Inc. Announces Changes to Board Composition

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GUANGZHOU, China, Feb. 26, 2021 — HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming platform in China, today announced that Mr. Cheng Yun Ming Matthew has been appointed by Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent"), as a successor director to serve on Huya’s board of directors (the "Board"), replacing Mr. Zhi Cheng, effective February 25, 2021. Mr. Zhi Cheng no longer serves as a director of Huya following this substitution.

In addition, Huya’s Board has approved the appointment of Mr. Cheng Yun Ming Matthew as a member and the chairman of the compensation committee of the Board, effective immediately.

Mr. Cheng Yun Ming Matthew joined the Tencent Group in November 2010, and currently serves as the corporate vice president of the Tencent Group. Mr. Cheng has served as a non-executive director of Fusion Bank Limited since March 2019, a non-executive director of China Literature Limited (HKSE: 0772) since November 2019 and a non-executive director of Tongcheng-Elong Holdings Limited (HKSE: 0780) since April 2020. Prior to joining the Tencent Group, Mr. Cheng worked at Price Waterhouse, an accounting firm currently known as PricewaterhouseCoopers, from 1992 to 1997, China Everbright Technology Limited (currently known as Citychamp Watch & Jewellery Group Limited) (HKSE: 0256), a company then principally engaged in manufacturing of computer peripherals, from 1997 to 2000, and various companies assuming financial management functions. Mr. Cheng is an associate member of Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Cheng obtained a bachelor’s degree in accountancy from the Hong Kong Polytechnic University in October 1992.

About HUYA Inc.

HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China’s young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya’s open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company.

For more information, please visit http://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc. 
Investor Relations 
Tel: +86-20-2290-7829 
E-mail: ir@huya.com

The Piacente Group, Inc. 
Jenny Cai 
Tel: +86-10-6508-0677 
E-mail: huya@tpg-ir.com

In the United States:

The Piacente Group, Inc. 
Brandi Piacente 
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

Related Links :

http://www.huya.com

PR Newswire

Technology and Art of Light in the Spotlight: Artists from around the World Gather at Shenzhen International Light Art Forum

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SHENZHEN, China, Feb. 26, 2021 — The 1st Shenzhen International Light Art Forum, one of the most important events of GLOW SHENZHEN 2020, was successfully held on February 24, 2021. With guidance from the Urban Administration and Law Enforcement Bureau and the Commerce Bureau of Shenzhen Municipality and support from Shenzhen International Investment & Promotion Association, the forum was hosted by IDG World Expo China Co.,Ltd., organized by IDG ASIA Accelerator, and attended by representatives of relevant departments and enterprises together with experts and artists in fields of light & shadow, art and new technology. Jian Zheng, Deputy Director of the Commerce Bureau of Shenzhen Municipality; Zhou Yaowei, Official of the Shenzhen Urban Administration and Law Enforcement Bureau; and Zhu Dongfang, President of IDG ASIA, addressed the forum respectively.

With an array of keynote speeches and roundtable discussions, the forum academically explored the art of light and shadow covering topics of empowering future cities, boosting night economy, and back-feeding cities’ soft power. Participants of these online and offline discussions included Wang Zhi‘ou (Chief Curator of GLOW SHENZHEN 2020), Qiu Zhijie (Dean of School of Experimental Art, Central Academy of Fine Arts), Cai Xinyuan (Associate Dean of School of Architecture and Urban Planning, Huazhong University of Science and Technology), Liu Jun (General Manager of Strategic Market Center of Unilumin), teams of artists such as Radugadesign from Russia and ENESS from Australia, as well as experts of light technology and related industries. In one of the roundtable discussions themed "exploring the influence of light art on city life and public space in the future", Wen Bin, Director of IDG ASIA Accelerator, Qin Xiu, Founder of Aura Project, and other representatives shared enlightening insights from different walks of life. The discussion was hosted by Professor Zhang Yuxing from School of Architecture & Urban Planning, Shenzhen University.

In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement, with the aim to build GLOW SHENZHEN into a world-renowned brand of city light art exhibition.

In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement
In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement

Wen Bin, Director of IDG ASIA Accelerator, expressed his hope that this forum, as an industry-academia-research platform for the development of tech-based art, can help Shenzhen lead the world in scientific and technological innovation and play an exemplary role in the integration of "technology + art" for the world. IDG ASIA also wishes to make full use of its resources in technology, investment, convention& exhibition, industry& research, media, culture& tourism to support GLOW SHENZHEN 2020.

"The brightness of lighting in a region at night is proportionate to the GDP of that region." A healthy business environment can unleash the potential of night consumption to promote a city’s economic growth. This forum received strategic support form Shenzhen International Investment & Promotion Association (SZIIPA), a non-profit organization initiated by the Shenzhen Investment Holdings Co., Ltd. and other institutions. Sticking to the forum’s core topics such as technology industry, urban art and economic development, SZIIPA drew on all kinds of resources from enterprises that have invested in Shenzhen to support the building of industry-academia-research platforms, to connect global investment resources, and to consistently promote Shenzhen’s business environment and its image.

PR Newswire

Glory Star Enters Market for Intelligent IoT Terminals to Drive Development of Content Services

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BEIJING, Feb. 25, 2021 — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that it has signed a content service agreement (the "Agreement") with Hangzhou Beiying Network Technology Co., Ltd. ("Hangzhou Beiying"), a subsidiary of Dangbei Network Technology Co. Ltd. ("Dangbei Network"), the leading smart home entertainment solution developer and manufacturer. The Company has received the initial payment of RMB6 million from Hangzhou Beiying under the Agreement. The Company believes that the cooperation with Hangzhou Beiying will further catalyze the development of the Company’s content services business and therefore help to increase the long-term growth momentum of the Company’s enterprise value.

Under the Agreement, Glory Star will distribute its high-quality content, such as its unique domestic short-form video matrix, Cheers lifestyle video series, PGC interactive live streaming events, and more, on Hangzhou Beiying’s multiple intelligent terminals and smart hardware equipment markets, including but not limited to Dangbei Market, SONY TV, Baidu App Market, Skyworth TV, Konka TV, Haier TV, Xiaomi TV, Panasonic TV, Wasu TV, XGIMI Projector, and JmGo Projector. In addition, the Company will also launch an updated version of its CHEERS Video App designed specifically for large screens. As part of its new consumption model, the Company plans to utilize smart algorithms to provide high-quality short-form video content and e-commerce services that are tailored to the preferences of hundreds of millions of large screen users, which will further promote the development of the Company’s content services in the domestic market for intelligent IoT terminals.

Glory Star owns multiple registered copyrights and provides high-quality and original short-form videos on its CHEERS Video platform. Over the years, the Company has been committed to expanding its short-form video content across various fields, such as e-commerce, live streaming, marketing, education, and lifestyle services. This has led to the development of the Company’s unique content-based new consumption model in China. Through its cooperation with Hangzhou Beiying, the Company will utilize its competitive strengths in short- and medium-form video content creation, user operation management, big data analysis, and algorithms, as well as Hangzhou Beiying’s mature intelligent terminal ecosystem. As a result, the Company will be able to provide more immersive and interactive experiences to its users in order to meet their needs across a wider range of consumption scenarios. At the same time, such advantages will also enable the Company to deepen its collaborations with IoT industry partners. By integrating digital content and digital technology with intelligent IoT terminals, the Company will further enrich the lives of its users and enhance its users’ smart living experiences in multiple scenarios.

About Dangbei Network Technology Co. Ltd.
Founded in 2013, Dangbei Network Technology Co. Ltd. ("Dangbei Network") designs and manufactures large screen home entertainment solutions with award winning engineering and innovation in premium quality and style. Dangbei Network’s product lines include hardware, such as smart home entertainment projectors and the super TV box, as well as software, such as Dangbei OS, Dangbei Store, customized large screen content for TVs and projectors, and apps. As a result of its strategic partners, professional team, and investors, including Shunwei Capital, Haitong, and Suning Group, Dangbei Network has grown into a leading developer in the intelligent TV network industry, serving more than 300 million global users. In China, Dangbei Market is the number one store for large screen applications, with 80% of the total market share. Additionally, Dangbei projector ranks in the top 3 spots for projectors on JD.com and TMall, the biggest ecommerce platform in China.

About Glory Star New Media Group Holdings Limited
Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Star’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions  (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts
Glory Star New Media Group Holdings Limited
Yida Ye
Email: yeyida@yaoshixinghui.com

ICR LLC.
Sharon Zhou
Tel: +1 (646) 308-0546
Email: gsnm@icrinc.com

 

PR Newswire

Scienjoy Announces Closing of $30 Million Common Stock Purchase Transaction With White Lion Capital

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BEIJING, Feb. 24, 2021 — Scienjoy Holding Corporation ("Scienjoy" or the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has closed the transaction in accordance with a Common Stock Purchase Agreement (the "Purchase Agreement") it has entered with White Lion Capital, LLC, a Nevada limited liability company (the "White Lion Capital"). The Purchase Agreement provides that White Lion Capital is committed to purchase the Company’s Ordinary Shares with an aggregate offering price of up to $30,000,000 ("Commitment Amount") from time to time during the Commitment Period, which starts on the date of the filing of the initial registration statement covering the resale of securities issued under the Purchase Agreement, and shall terminate on the six month anniversary of the filing of such initial registration statement and terms as specified in the agreement. The Company intends to use the net proceeds from this transaction for the expansion of working capital, supporting the operations of BeeLive International and other general corporate purposes.

Under the Purchase Agreement, on any trading day selected by the Company, the Company has the right, but not the obligation, to present White Lion Capital with a purchase notice, directing White Lion Capital (as principal) to purchase up to a certain amount shares of the Company’s Ordinary Shares ("Purchase Notice") at a certain price as defined in the agreement. Notwithstanding the foregoing, the Company and White Lion Capital may elect a negotiated fixed purchase at a certain volume and price at any time during the Commitment Period by mutual consent ("Fixed Purchase Notice"). 

White Lion Capital has no right to require any sales by the Company, but is obligated to make purchases from the Company as the Company directs in accordance with the Purchase Agreement. For more details, please refer to the Company’s Current Report on Form 6-K filed with the Securities Exchange Commission on February 23, 2021, at https://www.sec.gov/.

Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "We are pleased to announce the closing of the purchase agreement with White Lion Capital as it once again demonstrates the strong vote of confidence we are receiving from investors. Importantly, this transaction marks our first capital raise since becoming a public company last year and therefore demonstrates both the validity of our business model as well as our positive long-term outlook. Looking ahead, we remain focused on laying the foundation for continuous development by diversifying our product offerings, bolstering our technological capabilities, enlarging our customer base, and increasing our global footprints. We believe that such efforts alongside our commitment to developing a fully integrated live streaming ecosystem in the fields of entertainment, e-commerce, and MCN, will help to augment our business sustainability and generate lasting shareholder value."

About Scienjoy Holding Corporation 

Founded in 2011, Scienjoy is a leading mobile live streaming platform in China, and its core mission is to build a live streaming service matrix that delivers pleasant experience to users. With more than 243 million registered users, Scienjoy currently operates four brands of live streaming platforms, consisting of: Showself, Lehai, Haixiu, and BeeLive (including Mifeng, BeeLive Chinese version, and BeeLive International for international markets). Scienjoy adopts multi-platform operation strategies and is committed to providing high quality and value-added services for users with innovative thinking. Based on the in-depth understanding of and research on the live streaming industry and user behavior, Scienjoy is devoted to building a second life world in which the virtual world and the reality are integrated within the live streaming scenario, to deeply integrating the industry through diversified live broadcasting scenarios, and to empowering the industry by building a content-rich and vibrant Live Streaming Full Ecosystem. For more information, please visit http://ir.scienjoy.com/.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission ("SEC") from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts

Ray Chen
VP, Investor relations
Scienjoy Inc.
+86-010-64428188
ray.chen@scienjoy.com

 

Jack Wang
ICR Inc.
+1 (212) 537-9254
scienjoy.ir@icrinc.com 

PR Newswire

Huawei opens the first DIGIX Lab in Asia Pacific to empower developers to build a digital future

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SINGAPORE, Feb. 24, 2021 — Huawei Mobile Services (HMS) today announced the opening of DIGIX Lab in Singapore, its first in the Asia Pacific region to serve as an innovation hub for mobile app developers in the region to drive idea exchange, business growth and collaboration.

Equipped with AR, VR, AI, HMS Core kits and other open technological capabilities, the Lab offers a space for developers to connect and experience the full range of HMS developer resources. The DIGIX Lab services can also be accessed online, allowing developers across the region to make use of the resources virtually.

"In the era of 5G, HMS aims to build a ‘1+8+N’ all-scenario mobile ecosystem and empower developers and partners in the region to innovate and build a digital future. The new DIGIX Lab serves as an all-encompassing innovation hub to give developers the boost they need to succeed. Huawei will continue to strengthen our collaboration with partners and institutions in the community and cultivate a resilient, evolving pool of tech talents in the Asia Pacific region" said Shane Shan, Director of Asia Pacific Huawei Consumer Cloud Service.

Under the "1+8+N" Seamless AI Life strategy, the smartphone serves as One (1) centre, and Huawei’s ecosystem partners connect across Eight (8) supporting Huawei devices to create a fully connected IoT environment consisting of Endless (N) services. HMS supports this strategy by bridging innovative mobile apps and IoT products through Huawei’s hardware and software capabilities. Together with Huawei’s AI-powered system and cloud computing solution, it ultimately establishes an all scenario AI living for Huawei end users.

Connect, Communicate, and Collaborate at Huawei DIGIX Lab

DIGIX Lab is divided into three main zones where developers, partners and tech enthusiasts can connect, communicate and collaborate within the community:

  1. Experience zone: An area for visitors to experience Huawei’s "1+8+N" all-scenario ecosystem. This area displays the latest smartphone models, and eight different types of Huawei devices including tablets, PCs, smart wearables and VR smart glasses. In addition, third party IoT home products supported by HUAWEI HiLink are also exhibited here.
  2. Engage zone: A multipurpose zone with a collaborative area and training rooms to support community building. Developer programmes such as trainings, workshops, industry and networking events will be held in this area. Meanwhile, tech enthusiasts or individual developers can also book the space to host community events related to mobile app development.
  3. Enable zone: This zone consists of three meeting rooms where developers who are facing challenges while developing an app can meet with Huawei engineers or business teams to get hands-on support. Four debug terminals are also available at the lab to support developers with the resource requirement.

Visitors from all around the region can tour the DIGIX Lab virtually via https://developer.huawei.com/consumer/en/DIGIXLab-Offline?page=0. Besides walking through the space digitally, online visitors can learn about HMS’ latest developer resources and offerings, join Huawei’s Developer Programs and webinars and get connected to technical support. Additionally, developers can access featured remote services such as Cloud Debugging and Cloud Testing, allowing them to debug and test run apps remotely on any of the latest Huawei devices, including the popular HUAWEI P Series and HUAWEI Mate Series.

Fuelling developer innovations through Huawei Mobile Services Ecosystem

The opening of DIGIX Lab complements other tools and programmes available to developers in the region to fuel innovation through the HMS ecosystem.

HMS recently launched HUAWEI Developers app, an official open platform for Huawei developers to manage their apps backend system, access the latest developer activities and receive event notifications on the go.

Additionally, HMS will introduce three developer community programmes in APAC this year, including the HUAWEI Student Developers (HSD), the HUAWEI Developer Groups (HDG) and the HUAWEI Developer Experts (HDE) to help developers of all levels grow with the HMS ecosystem. Developers in APAC will also be able to sign up for training courses to learn how to deploy HMS development tools into their apps and receive the "Huawei Developer Certification" upon course completion.

Adding value to app owners and developers with HMS

The HMS ecosystem has achieved rapid growth globally and it is now the top three largest mobile ecosystem in the world with over 700 million global users. As of the end of 2020, there are over 2.3 million HUAWEI Developers registered – a 77% increase over one year.

App owners who wish to integrate their apps into the HMS ecosystem, will be able to reach out to HMS’ strong user base through its hybrid, multi distribution platforms, such as HUAWEI AppGallery, HUAWEI Browser and Petal Search.

The latest version of HMS Core 5.0, which consists of 56 open capabilities and 12,981 APIs, provides comprehensive functions to support developers to integrate apps easily. Besides, developers can also access to HMS local technical teams to seek assistance during the process.

Moving forward, HMS will continue its investment in the technological capabilities and provide localised operational support to developers to foster mobile innovation in an evolving landscape.

PR Newswire

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Announces $26 Million Private Placement for Upgrade to Artificial Intelligence and Virtual Reality Technologies

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NEW YORK, Feb. 23, 2021 — Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star" or the"Company"), today announced a private placement of $26 million at price of $1.30 per share. The proceeds from this placement will be used toward the development of Artificial Intelligence (AI), Augmented Reality (AR), and Mixed Reality (MR) technologies to create virtual communities for the Company’s software application (hereinafter referred to as the "Color Star APP").

Since its launch in September 2020, the Color Star APP has already acquired a registered user base exceeding 1 million and growing, and is also the first online software that focuses on interactions with celebrities. The Company is currently collaborating with Silicon Valley software engineers and a Chinese technology R&D company to create AI with blockchain technology. Specifically, the collaboration will focus on the development and application of 3D virtual reality (VR) technology to online concerts, in the hope of recreating these concerts as "live" concerts, and resolving the solitary and non-interactive nature of online concerts. The Company’s goal is to transform the experience of an online concert to that comparable to watching it in-person. Towards this end, the company has also invested heavily in MR, which is an extension of VR and AR. The creation of MR scenes gives the audience, who are sitting in front of their screens at home, a similar experience to being at a live concert, where they are immersed in 3D scenes with their senses activated. At the same time, they can communicate with other participants from around the world through virtual communications, and interact with celebrities in real time. MR technology also allows other benefits, such as allowing for real-time on-site seat selection, so that there will no longer be a single ticket price for online concerts, but different seats reflecting different viewing angles and price levels, which creates an overall more customized and realistic experience.

Because the Company’s existing 2D products are unable to resolve the issue of dizziness for the audience, it will launch a more futuristic naked-eye 3D vision technology, allowing audiences to nearly replicate the experiences of live scenes. The Company also plans to develop a wireless Bluetooth headset technology that allows for real-time, high-quality, surround-sound to complement and enhance the virtual experience.

The CEO of Color Star, Mr. Luke Lu, commented: "The upgrade and development of AI and AR technology will be a revolution for the Company. We are collaborating with many top research institutions and technical professionals to create an AI that is unique to Color Star which combines AR and MR technologies. This integration of AR and MR will create a realistic virtual world, and demonstrates that Color Star is not only an internet company but also a high-technology company. The Company has plans to establish a center in Silicon Valley that focuses on the research and development of VR, which will be integrated into the Company’s various businesses, including offline and online concerts, celebrity education, and peripheral product sales, so that users are not only ‘viewing‘ a web page on 2D, but actually merging parts of VR with reality."

"Color Star’s upgrade and development in AI and AR is expected to be a breakthrough in the field of technological development. The application of VR is expected to be inevitable for many industries, including the future of online video, communication, and entertainment. We hope this time the VR we develop and create will bring our users an unprecedented experience. I believe with the development and application of more advanced AI and AR technologies, there will be more reasons for users to experience the Color Star APP, and our user base will grow rapidly. In the meantime, the application of multiple scenes will soon be reflected in the Company‘s upcoming online concerts. With the entertainment revolution driven by the development and upgrade of new technology, the Company expects to attract more audiences worldwide. In addition, blockchain technology can be used in various applications in the near future, such as helping the Company in the development of its copyright platform, celebrity interaction platform, peripheral product sales, and concert ticket sales businesses," concluded Mr. Lu.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

For more information, please contact:

William Tu
Skyline Corporate Communications Group, LLC
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: wtu@skylineccg.com 

PR Newswire

SnackVideo announces exclusive sponsorship agreement with two leading Pakistani sports teams, Islamabad United and Multan Sultans

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ISLAMABAD, Feb. 23, 2021 — SnackVideo, a popular short video platform in Pakistan, has recently announced two exclusive sponsorship deals with leading sports teams in Pakistan. Islamabad United, a leading cricket team, is set to endorse SnackVideo as partners for the PSL VI. Multan Sultans, a well-known Pakistani cricket team, and its players will also endorse the app to millions of fans around the country.

Two leading Pakistani sports teams, Islamabad United and Multan Sultans
Two leading Pakistani sports teams, Islamabad United and Multan Sultans

‘Islamabad United is proud to align ourselves with a rising platform such as SnackVideo,’ says Shadab Khan, captain of the team. ‘SnackVideo aims to give a voice to every person so that they can express themselves, which is what our team have done for our fans in the league.’ Fans of both teams are not going to leave empty-handed as well. As part of the exclusive sponsorship agreement, fans will enjoy the chance to win signed team merchandise via SnackVideo.

The exclusive sponsorship with sporting teams has brought SnackVideo to the national spotlight. With slots across print, television and radio, SnackVideo will reach mainstream audiences and share with them the values and joys of expressing themselves via technology.

Mohammad Rizwan, captain of Multan Sultans said, ‘Partners like SnackVideo form an essential part of the sporting scene here in Pakistan, and we are happy to support partners who invest and develop our business and sporting industries together.’

About SnackVideo

SnackVideo is the party for short videos!

SnackVideo offers a variety of the most exciting, funny, magic videos and live-streams. Enjoy various types of interesting content from comedy and fashion to pets and gaming – and everything in between. Simply watch and engage with what you like.

SnackVideo aims at inspiring and encouraging users to express their styles and creativity to the world. This application is easy to use and allows users to create their original videos. The effects, filters, music and more will help users get as creative as they like.

Each user can upload his or her original videos, or other people’s videos, and add other video creators to their friends list.

SnackVideo is now available in Android and iOS. Don’t hold back and start experimenting with the videos you’ve always wanted to try with SnackVideo!

media_enquiries@snackvideo.com

PR Newswire

GSMA Heralds a new era of Connected Impact as MWC Shanghai returns as a hybrid event

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China continues its rapid uptake of 5G with 200m additional connections in the last year

SHANGHAI, Feb. 23, 2021 — GSMA is celebrating a return to in-person events with the launch of MWC Shanghai 2021, which opens today. This first-of-its-kind experience combines unique in-person and virtual elements, heralding a new era of connectivity and collaboration for the mobile industry.

MWC Shangai 2021
MWC Shangai 2021

Around 20,000 visitors are expected to gain first-hand insights into the mobile industry through unique content and debates hosted at the Shanghai New International Expo Centre. They will be joined by thousands more who will log onto My MWCS Online from over a hundred countries. There will be plenty of opportunities to gain new industry information and make important business contacts.

"Today marks an important milestone for Asia’s mobile industry and the wider region’s economy. MWC Shanghai 2021 is the first hybrid event of its kind bringing innovations and ideas to attendees in-person and online," said John Hoffman, CEO GSMA Ltd. "Sadly, I cannot be there in person but will connect as a virtual attendee to join the debate and witness technology innovations that are already shaping our future. I’m looking forward to engaging with you during the proceedings and hearing your thoughts after its close."

Exciting thought leadership and world-class exhibits

MWC Shanghai 2021 was inaugurated by a keynote address from Mats Granryd, Director General GSMA. Presentations from organisations like China Mobile, China Telecom, China Unicom, Huawei, Lenovo, Nokia, Verizon and ZTE, combined with a host of other thought leaders and exhibits from over 200 companies, such as Nokia Shanghai Bell, Qualcomm, and Samsung make this a not-to-be-missed experience, in-person or online.

The theme of MWC Shanghai 2021 is ‘Connected Impact’, and the agenda showcases how the digital ecosystem supports global recovery and transforms lives. Sessions on 5G Connectivity, Connected Industry, AI and Start-up Innovation with other exciting features like the 5G Innovation Zone and the Digital Leaders Programme are highly anticipated.

China continues to be one of the world’s leading markets for 5G technology, according to ‘The Mobile Economy China 2021 Report’ from GSMA Intelligence, which is being launched at the event. Key findings include the scale of 5G uptake in China: during 2020 there were more than 200 million new connections. By 2025 it is estimated that there will be more than 800 million 5G connections across the country, driving a range of products and services for both individual consumers and the wider economy.

Supporting the post-pandemic recovery

Investment in 5G is also helping the global economy overcome the effects of Covid-19 and transition to a post-pandemic economic recovery. By 2030, upgrades to 5G will add more than $600 billion annually to the global economy, according to GSMA research. That’s approximately 2.1% of the income growth expected in the coming decade, across all industries and sectors.

"It’s been a tough 12 months but a path to a post-pandemic world is starting to emerge. Importantly, 5G and mobile communications sit at the heart of that recovery," said Mats Granryd. "We’re already planning for the return of MWC Barcelona this summer. The momentum created in Shanghai will be carried on to the Barcelona event, which will mark the next step forward for our industry."

Industry professionals wanting to discover more about the latest developments in 5G should attend MWC Shanghai 2021.

To register for Shanghai 2021 and for information about how to attend and pass types, please visit: www.mwcshanghai.com/register/.

A copy of ‘The Mobile Economy China 2021 Report’ can be downloaded www.gsma.com/mobileeconomy/china/.

About GSMA

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with almost 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces the industry-leading MWC events held annually in Barcelona, Africa, Los Angeles and Shanghai, as well as the Thrive Series of regional conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

Photo: https://mma.prnasia.com/media2/1442723/gsma_photo.jpg?p=medium600  
Logo: https://mma.prnasia.com/media2/1385555/GSMA_Logo.jpg?p=medium600

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