Tag Archives: FIN

PR Newswire

HUAWEI CLOUD Stack: Empowering Governments and Enterprises

Leave a comment

SHENZHEN, China, May 15, 2020 /PRNewswire/ — HUAWEI CLOUD launched the new HUAWEI CLOUD Stack product as one of its efforts to boost their presence in the government and enterprise market. HUAWEI CLOUD Stack provides cloud services in local data centers of governments and enterprises.

As governments and enterprises go through the process of intelligent upgrade, HUAWEI CLOUD has been investing heavily in the government and enterprise market, striving to become the first choice for government and enterprise organizations undertaking this difficult challenge.

Mr. Zheng Yelai, Vice President of Huawei and President of the HUAWEI CLOUD, said, “In this age of new infrastructure, computing power has become a new source of productivity, data are the new raw materials; cloud, AI, and 5G are the new tools of production, and a new digital infrastructure is injecting momentum into the digital transformation. Cloud services are the only way forward for smart upgrade of government and enterprise organizations. Leveraging a wealth of experience in the industry, along with their experience with digital transformation, HUAWEI CLOUD has released the HUAWEI CLOUD Stack, aiming to accelerate digitalization and intelligent upgrade of government and enterprise organizations alike.”

Mr. Zheng Yelai launching the HUAWEI CLOUD Stack for the government and enterprise
Mr. Zheng Yelai launching the HUAWEI CLOUD Stack for the government and enterprise

Currently, there are four major challenges facing organizations wishing to move forward with intelligent upgrade. First, traditional IT services are insufficient and evolve too slowly. Organizations need to quickly acquire cloud service capabilities and innovate faster. Second, organizations need widespread access to applications available in an open ecosystem. Third, how can data be deployed locally for enhanced security in order to better meet management and compliance requirements? And finally, how can they gain rapid access to professional O&M?

HUAWEI CLOUD, HUAWEI CLOUD Stack (HCS), and HUAWEI CLOUD Edge Computing use the single Optimus hardware-software synergy architecture and can cover all cloud-edge-device scenarios. HUAWEI CLOUD Stack has been fully upgraded to meet key requirements of government and enterprise customers for intelligent upgrade.

Instant access to cloud services and marketplace applications

Lv Yangming, President of the HUAWEI CLOUD Hybrid Cloud, explained that, based on the unified Optimus hardware-software synergy architecture, HUAWEI CLOUD Stack and HUAWEI CLOUD provide the same APIs that make it possible to let government and enterprise customers use cloud services in their local data centers. More than 70 cloud services from HUAWEI CLOUD, such as AI, big data, IoT, and blockchain services, can be used in just a few clicks if required. To meet the operational needs of customers, HUAWEI CLOUD has launched a remote hosting program, a remote service support program, and a local service support program. These programs allow customers to stay focused on innovation. After obtaining authorization from the customer, Huawei provides support wherever it’s needed. All operations are visible, monitorable, manageable, and controllable.

HUAWEI CLOUD Marketplace provides a new hybrid cloud zone where customers can obtain a large number of high-quality industry applications with a click of the mouse. Partners from various industries are also welcome to join up and build this hybrid cloud zone into a rich, prosperous cloud ecosystem.

A single cloud where data and applications are centrally managed

HCS provides three main capabilities: unified management, data governance, and application enablement.

Thanks to federated cloud technology, customers can have refined management of cross-cloud resource pools and obtain the industry’s unique multi-level O&M capabilities. Through refined rights- and domain-based management, they can control resource access by region, department, and application.

Based on Huawei’s successful practices in data governance, HUAWEI CLOUD Stack allows enterprises to build enterprise data platforms and maximize the value of every byte of data. Customers can use FusionInsight to create intelligent data lakes and use DAYU and ModelArts for one-stop data governance. HUAWEI CLOUD ROMA allows enterprises to integrate multiple types of applications and data for full-lifecycle digital asset governance. It is fully open to partners and developers who wish to run applications on a single, unified network.

Ready to use out of the box

HUAWEI CLOUD Stack is delivered in integrated cabinets where hardware, cables, and cloud service software come preinstalled. After the equipment arrives, customers need less than 24 hours to commission and roll out services.

Encrypted data for higher security

HUAWEI CLOUD provides intelligent encryption cards for on-demand encryption for scenarios such as big data, data warehouses, and block storage. In addition, HUAWEI CLOUD connects with third-party key systems to implement independent key management and control. Your data is under your control.

In order to accelerate digital transformation and intelligent upgrade of government and enterprise organizations, Xiao Yi, HUAWEI CLOUD and Computing CTO for China Region, officially launched the HUAWEI CLOUD Marketplace Hybrid Cloud Partner Program, inviting partners to release applications in the hybrid cloud zone. HUAWEI CLOUD will also provide consulting services and solutions, including top-level design support for digital transformation, enterprise cloudification consulting, data governance consulting, and AI solutions.

In Gartner’s report “Market Share: IT Services, Worldwide 2019”, HUAWEI CLOUD was ranked the third in the IaaS market in China and the sixth internationally, with a growth rate of 222.2%, the fastest in the world.

In the future, HUAWEI CLOUD will continue to leverage the synergistic advantages of combining cloud, AI, and 5G and the full-stack technology innovation to provide stable, secure, and sustainable cloud services, attempting to empower applications, explore the value of data, and cultivate fertile soil for an intelligent world. HUAWEI CLOUD will also work with partners to spare no effort to accelerate digital transformation and intelligent upgrade in every industry.

Photo – https://photos.prnasia.com/prnh/20200515/2805278-1?lang=0

PR Newswire

FP Markets Rated by Investment Trends as the Best for Quality of Trade Execution 2019

Leave a comment

SYDNEY, May 14, 2020 /PRNewswire/ — FP Markets has been rated as the forex & CFD broker with the “Best for Quality of Trade Execution 2019” in the recently published Investment Trends 2019 Australia Leverage Trading Report. 

FP Markets rated as Best for Quality of Trade Execution
FP Markets rated as Best for Quality of Trade Execution

The prestigious accolade came from the Investment Trends 2019 Australia Leverage Trading Report which was based on a broad survey of more than 10,000 investors and traders conducted in November and December 2019. The respondents came from the Investment Trends panel, media houses, online brokers and clients of leverage trading providers.

Investment Trends is a privately owned financial services industry research company based in Sydney, Australia that develops and delivers independent, deep insights research on the behaviours, buying preferences and future needs of investors and intermediaries for the financial services companies that serve them across Australia, Singapore, Hong Kong SAR, France, Germany, Spain, the UK and the USA.

As a well-renowned company in the industry and the winner of over 40 awards since it was founded in 2005, FP Markets has learnt that the combination of consistently tight spreads and fast execution, coupled with  cutting-edge platforms, a wide product range and first-rate customer support are the key ingredients that give serious traders the confidence to trade.

Matt Murphie, Managing Director of FP Markets commented: “We are delighted  to be rated as the Best for Quality of Trade Execution 2019 by Investment Trends.  The dedicated team at FP Markets work tirelessly to offer clients an unparalleled trading experience by providing consistently tighter spreads and the best in trade execution and it is pleasing to see the hard work recognised by industry experts.”

FP Markets offers over 10,000 trading instruments offering traders access to CFDs across across Forex, Indices, Commodities, Stocks and Cryptocurrencies, making it one of the largest offerings in the industry and the convenience of being able to trade CFDs from one account is why so many traders are opting to trade with FP Markets. 

Notes to Editors

About FP Markets:

  • FP Markets is an Australian Regulated global CFD and Forex provider with more than 15 years of industry experience.
  • The company’s vision has always been to deliver the ultimate trading destination for clients by combining the best trading conditions, technology, product range, pricing and client services available to those wanting to trade the markets.
  • FP Markets offers the tightest interbank Forex spreads available from 0.0 pips and leverage up to 500:1.
  • Clients can also trade on-the-go from their mobile devices across several powerful online platforms like MetaTrader 4, MetaTrader 5, WebTrader and IRESS.
  • The company’s outstanding 24/5 multilingual service has been recognised by Investment Trends as home to some of the most content clients in the industry, having been awarded ‘The Highest Overall Client Satisfaction Award,’ five years running.

For full details of our wide-ranging offering,  please visit  https://www.fpmarkets.com

Photo – https://techent.tv/wp-content/uploads/2020/05/fp-markets-rated-by-investment-trends-as-the-best-for-quality-of-trade-execution-2019.jpg
Logo – https://techent.tv/wp-content/uploads/2020/05/fp-markets-rated-by-investment-trends-as-the-best-for-quality-of-trade-execution-2019-1.jpg

PR Newswire

“ARMOUR” — Apigate’s New Solution to Safeguard Users from Digital Payment Fraud

Leave a comment
  • A much-needed fraud protection solution for mobile network operators (MNOs), Digital merchants & OTTs
  • During trials, MNOs experienced a significant reduction in customer complaints of up to 90%
  • Merchants reported an increase in conversion rates through Armour’s frictionless payment experience

KUALA LUMPUR, Malaysia, May 13, 2020 /PRNewswire/ — Apigate, a Global Digital Content Monetization & Messaging ecosystem, today announced the launch of Armour, a new data-based e-solution to tackle the “big five” issues of Direct Carrier Billing: in-app malware, bots, iFraming, suspicious traffic, and backdoor charging.

Armour, a new fraud protection solution from Apigate
Armour, a new fraud protection solution from Apigate

Analyst reports stated that 90% of South and Southeast Asia’s population access the internet through mobile phones, which means the region is by far home to the world’s most engaged mobile users. Additionally, the region is expected to grow to US$300 billion by 2025, or threefold from US$100 billion in 2019, bringing a higher risk of online fraud as the ”mobile economy” continues to expand.

This is where Armour steps in, once Armour’s fraud detection is deployed, each transaction is checked against hundreds of data points to validate its trustworthiness. This allows for suspicious activities in the digital payment process to be detected and prevented in real-time through a highly tuned Machine Learning algorithm. Furthermore, Armour can continually and automatically refine its ability to detect an ever-increasing range of threats to the digital payment system.

The added benefit of a reduction in digital payment fraud is an increase in customer satisfaction. Since its roll-out with major partners in South and Southeast Asia, results show a significant decrease in customer complaints while at the same time showing a month on month increase in clean transaction rate, bringing a higher & more sustainable conversion rate for Digital merchants.

Raja Mansukhani, Senior Vice President of APAC, said “Armour as a product is a natural progression to cater to the demands of an ever-growing Digital economy which has led to more significant exposure to fraud. Our objective of developing Armour was to limit this threat while removing a frictionful experience for the end customer, leading to a reduction in complaints for Telcos.”

For more on Armour or any of Apigate’s other exciting services, please send enquires to info@apigate.com.

About Apigate:

Apigate is a global digital content monetization & messaging ecosystem that enables faster reach for Digital Merchants to get connected to end consumers via Telcos, e-Wallets and other channels with one seamless integration.

Apigate has a reach of approximately 1 billion end consumers with more than 150 connected merchants. Visit our website at www.apigate.com for more details.

Photo – https://photos.prnasia.com/prnh/20200512/2801518-1?lang=0

PR Newswire

TCL: Smarter Connectivity Helps Improve Stay-at-Home Work and Life

Leave a comment

HONG KONG, May 11, 2020 /PRNewswire/ — Increased global demand for home working and education has led to a surge in consumer expectations towards the quality of their home networks, and in areas where fixed networks are not available, mobile networks are alleviating user’s needs for fast and convenient coverage. Many mainstream global operators have lifted certain data restrictions on 4G traffic for users, and are providing employees and users with more reliable choices for smart connected products. Whether it’s online workspaces, meeting facilities, classrooms, entertainment, or communications with friends and family, uninterrupted network coverage without dead zones has become a basic need for millions, if not billions of people around the world.

According to data from TSR Research, global shipments of smart connected products will continue to grow in the next four years. Operator orders almost dominate the shipments of this category. As a world-leading mobile terminal manufacturer, TCL Communication has long-standing partnerships with 140 global operators and channel partners, including the likes of EE, BT, T-mobile, Orange, Optus, TIM and others. These partnerships have helped drive significant growth in its smart connectivity business, including MiFi devices. Taking Alcatel Linkzone as an example, the pocket-sized, high-speed mobile wireless hotspot device converts mobile service into high-speed broadband, enabling households without fixed broadband services to maintain high-speed connections at home. Overall, TCL expects shipments of smart connected devices in the second quarter of this year to be double that of previous forecasts.

TCL Communication has provided mobile connectivity around the world through the operation of its two main global brands – Alcatel and TCL. Its smart connection business first began in 2008, and in September 2018, it officially promoted its Smart Connectivity Division to a higher strategic level, adopting AI x IoT as a central strategy to deliver on its ambition to provide safe and healthy products for its global users, which it achieves through a focus on home and mobile usage occasions. At present, TCL’s smart connection products cover a wide range of categories, including Wi-Fi routers, mesh routers, MiFi devices, car module devices, children’s smart watches, headphones, luggage/personal belongings trackers and pet trackers. When working in tandem, together with TCL’s mobile phones, tablets, TVs and home appliances, these devices can combine to create an ecosystem of smart connectivity.

“As a global manufacturer offering a fully integrated ecosystem of smart products that cover virtually every aspect of our life, TCL has long been focusing on the health and safety of our end-users when developing our Smart Connectivity Devices,” said Sharon Xiao, General Manager of Smart Connectivity Division at TCL Communication. “With the sudden and rapid onset of the current pandemic, these two needs have never been more important as people continue to spend most of their work and leisure time at home. In such difficult circumstances, smart connectivity technology has been helping to make our lives that bit easier and more efficient.”

TCL has added many health and safety features to its products, especially products designed for children and families. All TCL Wi-Fi routers for example allow parents to control the time during which their children can access the internet and the websites they have access to. TCL’s smart watch for kids, the MOVETIME Family Watch MT43K, enables parents to monitor their children’s location, receive instant notifications when their children exit a preset safe zone or when they push the SOS button, and establish immediate contact through the watch’s hands-free, 4G two-way calling and voice messaging functions. In addition to a daily activity tracker that counts steps, calories burned and distance walked, TCL is planning to add a thermometer to its next model of smart watches for kids. The thermometer will constantly monitor the child’s temperature and send an alert to parents if the temperature strays outside a normal range. Children will also benefit from TCL’s soon-to-be-released headphones, which protect hearing by limiting the output volume to a maximum of 85dB – the highest permissible sound level recommended by the WHO for sustained sound exposure of up to 8 hours per day.

Sharon Xiao said, “TCL Communication’s existing footprint in Smart Connectivity Devices has allowed us to step up to the plate and do our part to help millions of families cope during these difficult times. We have a clear vision on how smart connection devices create better living spaces, and we will continue to further explore how our design-led strategy can help to improve the health and safety of our consumers, both now and in the future.”

ABOUT TCL 

TCL is one of the world’s fastest-growing consumer electronics companies, and a global leading television and mobile device brand. Incorporated in Hong Kong, China. TCL operates its own manufacturing and R&D centers worldwide with products sold in more than 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. TCL specializes in the research, development and manufacturing of consumer electronics ranging from TVs (TCL Electronics: 1070.HK), mobile phones, audio devices and smart home products. 

TCL is a registered trademark of TCL Technology Group Corporation (000100.SZ). All other trademarks are the property of their respective owners.

For more information, please visit http://www.tcl.com/global/en.html. 

PRESS CONTACT

Yijing Zhao
+86-131-3382-6572
yijing.zhao@yyoungpr.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tcl-smarter-connectivity-helps-improve-stay-at-home-work-and-life-301056414.html

Source: TCL Communication Technology Holdings Ltd.

PR Newswire

Future FinTech Announces Change of Website Domain Name

Leave a comment

BEIJING, May 8, 2020 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), a company engages in blockchain based e-commerce and fintech business, today announced the change of its official website domain name (URL). The new domain name is http://www.ftftex.com and the original domain name, www.ftft.top, will remain in use for the next two months, after which it will be disabled.

“The change of the domain name (URL) is to provide easy access to the Company’s website, which provides information on the Company’s development and updates,” said Mr. Shanchun Huang, CEO of Future FinTech Group Inc. “We will strive to achieve our goals of becoming a top blockchain technology, e-commerce and boutique financial service company, which will shape the future direction of Future FinTech Group.”

About Future FinTech Group Inc.

Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Company”) is a leading blockchain technology R&D and application company incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects, and a digital payment system (“DCON”). The Company is also engaged in development of blockchain based e-Commerce technology, as well as financial technology. For more information, please visit http://www.ftftex.com/.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2018 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

IR Contact:

Tel: +86-10-85899303
Email: ir@ftftex.com

Related Links
http://www.ftftex.com/

Cision View original content:http://www.prnewswire.com/news-releases/future-fintech-announces-change-of-website-domain-name-301055599.html

Source: Future FinTech Group Inc.

PR Newswire

Wealthbridge Acquisition Limited and Scienjoy Inc. Announce Closing of Business Combination

Leave a comment

NEW YORK, May 8, 2020 /PRNewswire/ — Wealthbridge Acquisition Limited (“Wealthbridge”) (NASDAQ: HHHH, HHHHU, HHHHW, HHHHR), a special purpose acquisition company, and Scienjoy Inc. (“Scienjoy” or the “Company”), a leading live entertainment mobile streaming platform in China, today announced the successful closing of the transactions contemplated by the previously-announced Share Exchange Agreement (the “Share Exchange Agreement”), dated as of October 28, 2019, by and among Scienjoy, Lavacano Holdings Limited (“Lavacano”), and WBY Entertainment Holdings Ltd. (“WBY”, together with Lavacano, the “Sellers”), and approved by Wealthbridge shareholders as of May 5, 2020.

In connection with the closing, Wealthbridge has changed its name to Scienjoy Holding Corporation (“SHC”). Additionally, SHC expects that its ordinary shares will begin trading under the ticker symbol “SJ” on the Nasdaq stock exchange effective May 11, 2020, and its units and rights will cease trading as of the close of business on May 8, 2020. No action is needed from current Wealthbridge shareholders in relation to the ticker symbols change.

SHC will be led by Scienjoy’s current management team with Victor He as Chief Executive Officer, Bo Wan as Chief Operating Officer, and Denny Tang as Chief Financial Officer. Meanwhile, Winston Liu, Chairman and CEO of Wealthbridge will remain on SHC’s board of directors. SHC will remain headquartered in Beijing, China.

Winston Liu, Chairman and CEO of Wealthbridge, stated “We commend Victor and his team at Scienjoy for their success to date in building a vibrant live streaming ecosystem in China. As the mobile entertainment live streaming market continues to grow both in China and abroad, we are excited to work with Scienjoy to capitalize on these emerging opportunities.”

Victor He, Scienjoy’s CEO, also commented “We are quite pleased to announce the closing of the business combination and would like to thank all of our shareholders for their support during the process. The recognition we have received from our partners is an important company milestone, and we plan to maintain this momentum going forward. To fuel our growth, we are in the process of exploring potential overseas expansion opportunities. We firmly believe that social media networks and online business models do not have cultural boundaries. By leveraging our proprietary technology, international talent, and deep IT industry expertise, we will not only rapidly expand our global footprint, but move one step close to bringing joy and entertainment to all people around the world.”

Chardan acted as an M&A and financial advisor to Wealthbridge. Loeb and Loeb LLP acted as a legal advisor to Wealthbridge. Jun He Law Offices LLC, Fengyu Law Firm, and Maple Group acted as the legal advisors to Scienjoy.

About Scienjoy Inc.

Founded in 2011, Scienjoy is a leading show live streaming video entertainment social platform in China. With more than 200 million registered users, Scienjoy currently operates three primary online live streaming brands with their respective websites and mobile apps: Showself, Lehai, and Haixiu. More information can be found at: http://www.scienjoy.com

About Wealthbridge Acquisition Limited.

Wealthbridge Acquisition Limited is incorporated in the British Virgin Islands as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Wealthbridge’s efforts to identify a prospective target business have not been limited to a particular industry or geographic region, although Wealthbridge intended to focus on targets located in China.

Forward-Looking Statements

This press release contains, and certain oral statements made by representatives of Wealthbridge, Scienjoy, and their respective affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Wealthbridge’s and Scienjoy’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Wealthbridge’s and Scienjoy’s expectations with respect to future performance and anticipated financial impacts of the business combination, the satisfaction of the closing conditions to the business combination and the timing of the completion of the business combination. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the control of Wealthbridge or Scienjoy and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the share exchange agreement relating to the proposed business combination; (2) the outcome of any legal proceedings that may be instituted against Wealthbridge or Scienjoy following the announcement of the share exchange agreement and the transactions contemplated therein; (3) the inability to complete the business combination, including due to failure to obtain approval of the shareholders of Wealthbridge or other conditions to closing in the share exchange agreement; (4) delays in obtaining or the inability to obtain necessary regulatory approvals (including approval from insurance regulators) required to complete the transactions contemplated by the share exchange agreement; (5) the occurrence of any event, change or other circumstance that could give rise to the termination of the share exchange agreement or could otherwise cause the transaction to fail to close; (6) the inability to obtain or maintain the listing of the post-acquisition company’s ordinary shares on NASDAQ following the business combination; (7) the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; (8) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees; (9) costs related to the business combination; (10) changes in applicable laws or regulations; (11) the possibility that Scienjoy or the combined company may be adversely affected by other economic, business, and/or competitive factors; and (12) other risks and uncertainties to be identified in Wealthbridge’s proxy statement (when available) relating to the business combination, including those under “Risk Factors” therein, and in other filings with the Securities and Exchange Commission (“SEC”) made by Wealthbridge and Scienjoy. Wealthbridge and Scienjoy caution that the foregoing list of factors is not exclusive. Wealthbridge and Scienjoy caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Neither Wealthbridge or Scienjoy undertakes or accepts any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. The information contained in any website referenced herein is not, and shall not be deemed to be, part of or incorporated into this press release.

Important Information

Scienjoy Inc. (“Scienjoy”), Wealthbridge Acquisition Limited (“Wealthbridge”), and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the holders of Wealthbridge ordinary shares in respect of the proposed transaction described herein. Information about Wealthbridge’s directors and executive officers and their ownership of Wealthbridge’s ordinary shares is set forth in Wealthbridge’s Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement pertaining to the proposed transaction when it becomes available. These documents can be obtained free of charge from the sources indicated below.

In connection with the transaction described herein, Wealthbridge will file relevant materials with the SEC including a proxy statement on Schedule 14A. Promptly after filing its definitive proxy statement with the SEC, Wealthbridge will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the transaction. INVESTORS AND SECURITY HOLDERS OF WEALTHBRIDGE ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT WEALTHBRIDGE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT WEALTHBRIDGE, SCIENJOY AND THE TRANSACTION. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by Wealthbridge with the SEC, may be obtained free of charge at the SEC’s website (www.sec.gov).

Contacts

Yongsheng Liu
Chief Executive Officer
Wealthbridge Acquisition Limited
+86 (186) 0217-2929
winstonca@163.com

Xiaowu He
Chief Executive Officer
Scienjoy Inc.
+86 (10) 6445-9071
victor.he@scienjoy.com

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

Cision View original content:http://www.prnewswire.com/news-releases/wealthbridge-acquisition-limited-and-scienjoy-inc-announce-closing-of-business-combination-301055205.html

Source: Scienjoy Inc.

PR Newswire

VeChain Becomes The Sole Public Blockchain Protocol Of The APAC Provenance Council – A Cross-continental Food Supply Chain & Finance Consortium

Leave a comment

SHANGHAI, May 8, 2020 /PRNewswire/ — The APAC Provenance Council supported by government, export and industry bodies, standards agencies, packaging and labelling service providers, finance giants and blockchain technology providers, is established to integrate blockchain technology into the food supply chain finance in Australia–China trades. Currently, the core founding members include Fresh Supply Co, Source Certain International, and Laava, joined by affiliate members VeChain, FoodAgility CRC (Cooperative Research Centre), DNV GL Business Assurance, Australian Made, GS1, Blockchain Australia and several others.

The New Roadmap To a Post-COVID Food Industry 

In February 2020, the Australian Government published The National Blockchain Roadmap, proactively addressing opportunities in the Agritech & Food industry, which directly accelerates the establishment of the Council.

The impact from COVID-19 further lifts the urgency of pushing forward this initiative. On one hand, the pandemic is posing a direct threat to food & beverage vendors around the globe, particularly in cross-continental trading, the suppliers are heavily impacting their cash flows, which calls for immediate invoice finance to quickly unlock unpaid invoices and stimulate business growth. On the other hand, the public awareness of food safety is unprecedentedly high. According to a study of InTarget Shanghai, Chinese consumers have become more health and safety-conscious and this will continue to be reflected in future.

Blockchain-enabled APAC Provenance Council To Stimulate The Market

By combining resources from all members, the Council aims to provide a comprehensive blockchain-enabled food supply chain finance ecosystem, bridging traceable, safe and trusted trades with shorter billing terms between Australian suppliers and Chinese importers.

David Inderias, APAC Provenance Council Executive Chairman says, “Many solution providers have offered ‘track and trace’ services, but haven’t addressed industry needs in a comprehensive way. In a post-COVID world when many commercial entities are in decline, we are growing by making sure to deliver real economic value, meeting industry needs, as well as including funding sources for industry.”

Powered by AliPay in Australia, all the B2B payments for China-destined trades from Australian food suppliers will receive milestone-based payments of the total fiat payment upfront upon meeting the first milestone of their delivery terms. For food suppliers in Australia, when they export food products traced by VeChain ToolChain™, the entire process of product delivery will be recorded, including logistics information, temperature during the process and so forth. Acting as the “trust machine” in multiparty collaboration, blockchain provides immutable and authentic records, which not only ensures the secured process of logistics transfer, bringing transparency and trust into the cross-continental trade, but also helps shorten the billing period for suppliers.

VeChain To Be The Sole Public Blockchain Protocol In The Consortium

VeChain is dedicated to enabling its partners to implement blockchain technology in various industries to solve real problems. The proven cases such as FoodGates, pave the way for making the supply chain finance more effective at an all-new level.

Sunny Lu, CEO at VeChain, stressed that, “Guided by the mission of powering the real economy, VeChain positions itself to be an Enabler to empower our partners with blockchain to build business applications in various sectors. The implementation of blockchain certainly contributes to buffering the immediate economic impacts of the pandemic for the enterprises, and will help improve productivity by unleashing more resources and growth opportunities.”

The Australian Department of Agriculture predicts China will account for 43% of global growth in demand for agricultural products by 2050. Since the Australian products have an enviable reputation for being high-quality, Australian exporters can strongly take advantage of China’s growing demand for quality produce and its need for food security. With the market evolving, the demand for business-ready standard blockchain tools will also see a dramatic growth, which positions VeChain ToolChain™ to seize the opportunity to support more enterprises and create more value.

About APAC Provenance Council
The Asia Pacific Provenance Council is an industry alliance which helps exporters digitally enable and scientifically prove the provenance, traceability and authenticity of their products, and tell the stories behind their brands. The Council will soon be taking expressions of interest for multiple food production verticals in Food Agility backed pilots, corporates and industry bodies are urged to.

About VeChain
Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, H&M, LVMH, D.I.G, AWS, PICC, ASI etc.

Official website www.vechain.com

Logo – https://techent.tv/wp-content/uploads/2020/05/vechain-becomes-the-sole-public-blockchain-protocol-of-the-apac-provenance-council-a-cross-continental-food-supply-chain-finance-consortium.jpg  

PR Newswire

TBM Council Adds Prominent Technology Leaders to its Board of Directors

Leave a comment

BELLEVUE, Washington, May 7, 2020 /PRNewswire/ — The Technology Business Management (TBM) Council, a non-profit organization that promotes technology business management standards and practices to empower collaboration between IT leaders and business partners, introduced 10 leaders to its board of directors.

The TBM Council is a thriving community with more than 11,000 members, including CIOs and other executives united in the mission of creating standards for the new IT hybrid cost model in order to help businesses achieve their transformation goals – whether it’s undergoing a cloud migration or implementing new and innovative technologies. The new board members bring with them a wealth of experience in driving digital and business strategies within their organizations by leveraging the TBM discipline to achieve success.

Alongside the leaders already on the board, they will be instrumental in helping the wider TBM Council members continue to identify and execute impactful ways to leverage the practice of TBM in order to achieve business objectives.

The new TBM Council Board of Directors include:

In cooperation with the TBM Council leadership team, led by Jarod Greene, general manager of the TBM Council, the board of directors will help direct the organization’s efforts and continue its focus on collaboration, standardization and education of TBM. Their expertise will be valuable in helping to direct the TBM Council’s goals and vision for the future.

“Shifts in technology mean that the IT operating model is changing for every business no matter what sector they’re in,” said Jarod Greene, general manager of the TBM Council. “As such, I’m thrilled to welcome our new board members, who bring with them experience from a wide range of industries. It’s our most diverse board ever, both in terms of the people and the types of companies they represent, and their knowledge and expertise will be key in ensuring we continue to deliver on our commitments to our members.”

The TBM Council was originally founded in 2012 as an extension of Apptio’s CIO Advisory Board, which brought together like-minded CIOs with the goal of standardizing a new IT operating model. Apptio continues to serve as its technical advisor to help automate best practices with robust TBM solutions. The TBM Council is an independent body governed by executives from across some of the world’s leading businesses.

“I have been actively involved with the TBM Council since the beginning when it was just a few CIOs,” said Larry Godec, chairman of the TBM Council Board of Directors. “TBM is an essential framework for allowing CIOs to run their IT organization like a business with complete financial transparency and strategic business alignment. I am very pleased to see it grow to include more than 11,000 CIOs and IT leaders across the globe.”

In addition to undertaking their governance responsibilities in board meetings, the board of directors will help to foster awareness and understanding of the discipline by taking part in events to share their own experiences in applying TBM to their operations and sharing key insights.

“Understanding the cost of technology has always been a challenge in the healthcare industry, and TBM has been pivotal in helping to bring critical transparency to this business driver,” said Jeri Koester, CIO of Marshfield Clinic Health System. “Being part of the TBM Council and collaborating with other members helped us take visibility of our costs and talk about it in a way that the business understands, which means that we can be the strategic partner in transformation at our health system. I’m looking forward to engaging with the TBM community and helping others to do the same in my new role as a board member.”

The TBM Council Board of Directors will take part in a virtual board retreat in May to help set the direction for the organization in 2020 and beyond. During this virtual retreat, the board will convene to discuss the current state of TBM and the wider technology industry, as well as how CIOs and CFOs can work together as part of a TBM framework. Members of the TBM Council will have an opportunity to listen in on key discussions on topics including re-planning and optimizing spending in times of disruption.

The full list of TBM Council Board of Directors includes:

The TBM Council provides a forum for its members to exchange knowledge and learnings with peers to help manage and achieve success with the TBM framework. Membership is open to qualified IT, finance or business leaders and practitioners who meet applicable membership standards. For more information or to join, please visit www.TBMCouncil.org

About Technology Business Management (TBM) Council

Founded from members of Apptio’s CIO advisory board in 2012, the Technology Business Management (TBM) Council is a non-profit organization governed by a board of business and technology leaders from some of the world’s most innovative companies like Aflac, State Farm, Tyson, Intuit, First American and more. The Council is dedicated to advancing the discipline of TBM and driving standards for analyzing, planning, optimizing, controlling, and collaborating about the investments that will transform the IT operating model. Apptio, the industry’s leading provider of TBM software solutions, serves as the TBM Council’s technical advisor. Membership is open to qualified IT, finance or business leaders and practitioners who meet applicable membership standards. For more information or to join, please visit www.TBMCouncil.org

MEDIA CONTACT
pr@tbmcouncil.org

Logo – https://techent.tv/wp-content/uploads/2020/05/tbm-council-adds-prominent-technology-leaders-to-its-board-of-directors.jpg  

PR Newswire

EY announces the launch of Physical Return and Work Reimagined framework for organizations post-COVID-19

Leave a comment

– Two-gear framework integrates “Day 1” transition services with long-term transformation guidance

– Includes broad suite of EY workplace and transformation tools

– Approach brings together a technology-enabled, risk-based methodology

LONDON, May 7, 2020 /PRNewswire/ — EY today announces the launch of a broad suite of workplace and transformation tools as part of a framework for organizations and HR teams planning a phased and safe return to physical workplaces for employees. The Physical Return and Work Reimagined framework is designed to strengthen workforce resilience and help see a safe return to physical work environments as countries around the world begin to ease COVID-19 mobility restrictions and seek to resume higher rates of economic activity.

The broad framework is staggered in two gears and includes a suite of technology assessment and analytics tools designed to help manage risk and compliance and enhance the employee experience.

Gear One provides immediate, actionable steps to help ensure the safety of employees while achieving operational capacity. It is rooted in a broad approach to readiness testing and includes an operational command center for the phased return of the workforce. Considerations include:

  • Workforce economics, including options to improve payroll costs, as well as workforce planning diagnostics to profile and model who can and should work on-site or remote
  • Workforce resilience, encompassing health monitoring, social distancing, site safety and capacity planning to provide healthy, welcoming and secure working environments
  • Operational continuity, including technology to help manage remote workforce capability, capacity and scenario management
  • Workforce experience, including enhanced employee communications, training and engagement

In addition to providing the tactical steps and “day 1” resources needed to facilitate the recovery and resumption of business operations, Gear Two provides the long-term framework and technology-enabled data and insights to help organizations identify operational vulnerabilities, drive future workforce-related transformations and prepare themselves for a “next normal.”

Kate Barton, EY Global Vice Chair – Tax, says:

“In addition to planning for a physical return to work, organizations will need to transform how they operate to see growth and navigate the now, next and beyond. This means putting people at the center, deploying technology for speed and developing innovation at scale. Companies operating with these priorities will be more resilient in these challenging times and will be able to adapt even faster during the pandemic and beyond.”

Norman Lonergan, EY Global Vice Chair – Advisory, says:

“The actions businesses take today will determine not only their short-term success, but their long-term enterprise resiliency. The framework that is launched today will accelerate an organization’s ability to adapt to change and uncertainty, while bringing to life a trusted transition process that prioritizes the health and safety of the workplace and beyond.”

Mike Bertolino, EY Global People Advisory Services Leader, says:

“By putting people first, organizations can build and maintain trust with their employees, their customers and their stakeholders. As many organizations focus on the process of returning their workforce to physical spaces, the biggest question they face now is how to begin. Organizations will need to completely reimagine their business model and transform, if they are to thrive in a post-COVID-19 world. The EY Physical Return and Work Reimagined framework will equip global organizations with a way forward for the longer-term.”

To learn more visit ey.com.

Notes to Editors

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation is available via ey.com/privacy. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

Alan Duerden                                                

Dan Barabas

EY Global Media Relations                                  

EY Global Media Relations

+44 20 7951 8993

+44 20 7197 1481

ADuerden1@uk.ey.com                             

dan.barabas@uk.ey.com

Logo – https://techent.tv/wp-content/uploads/2020/05/ey-announces-the-launch-of-physical-return-and-work-reimagined-framework-for-organizations-post-covid-19.jpg

PR Newswire

Fight to Fame announces the design of the new official website, and uses the digital market to pick up the FF token related promotion

Leave a comment

LOS ANGELES, May 7, 2020 /PRNewswire/ — In early April 2020, Fight To Fame announced a new official website design. The new page adopts a design method similar to Olympic tickets. Gold has been the dominant color and a large number of 3D images have been added, making each page more in line with Fight To Fame’s promotional concept.

And the new official website page integrates multiple pages such as event introduction, player registration, action star reality show live broadcast, announcements, FF token introduction, core team, etc., so that the audience can quickly be in the workplace, office or at home Browse related news about Fight To Fame. In addition, the official website also has a contact window, whether you are a registered player, a fan who cheers for the player, or an action movie fan, you can see the current ongoing activities through the most striking place. So you can easily and quickly join activities that are going on or going on.

Introduction page: Through a newly designed homepage and a lot of animation rendering, Fight To Fame will show the unique operation mode of “blockchain + sports + film and television” to every audience intuitively.

Player registration: Through the concise and clear registration form, any interested player can immediately upload their own relevant documents on the official website, and this update uses a more secure end-to-end encryption system, so that your privacy no longer has to worry about being Anyone leaked.

Reality Show: Through the reality show interface, not only the audience, but anyone can view the ongoing events on this page. Whether you are using a TV, mobile phone, computer or other tablet devices, you can turn on the screen anytime, anywhere and enjoy the ultimate visual experience we bring to you.

Newsroom: With this update, the newsroom function also appears. You can find all relevant reports about Fight To Fame on this page. And you can also share the stories you are interested into various social platforms.

FF token: Through the independent design of the FF token page, fans no longer need to go to major platforms to search for relevant information about FF token, just click on our page to get the latest news.

As COVID-19 virus continue to wreak havoc on a global scale, the real economy of various countries is facing great risks. However, the cryptocurrency market has shown a pick-up trend. With this opportunity, Fight To Fame has embarked on a new round of publicity about FF tokens around the world. Up to now, the Fight To Fame Organizing Committee has launched a large number of media campaigns in the United States, Brazil, Peru, Myanmar and other places.

For more content, we will release it in the next few weeks.

https://fight2fame.com/   

http://chain-bank.net

Cision View original content:http://www.prnewswire.com/news-releases/fight-to-fame-announces-the-design-of-the-new-official-website-and-uses-the-digital-market-to-pick-up-the-ff-token-related-promotion-301054489.html