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PR Newswire

HR automation platform Omni HR raises USD 2.4mn pre-seed funding from Alpha JWC Ventures & Picus Capital to digitize employee management in SE Asia

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SINGAPORE, July 25, 2022 /PRNewswire/ — HR automation platform, Omni HR today announced it has recently closed USD 2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures. This round was also supported by a number of prominent angel investors including former executives at Namely and Ultimate Software.

Omni HR Team
Omni HR Team

Founded in 2021 by former Goldman Sachs executive Brian Ip and experienced data engineer YC Chan, Omni HR provides a seamless employee management system that helps companies digitize and automate the end-to-end employee lifecycle in a single platform.

According to Omni HR Co-Founder Brian Ip, “Most companies in Southeast Asia are currently using local HR software that supports only basic admin functions, leaving many HR processes to be done manually. Meanwhile, HR software is one of the software categories that require the most localization, due to the differing employment rules in different countries. This effectively creates a unique opportunity for local players to build a modern, scalable employee management platform based out of Southeast Asia.”

Omni HR is witnessing that the market is going through a shift from traditional HR or payroll software to more advanced, modern solutions addressing the end-to-end employee journey. Omni HR’s goal is to become the employee management platform that enables organizations to digitize employee records, automate administrative tasks, and interact employee data seamlessly across different systems. Omni HR believes that with the ongoing digital transformation and software adoption trends in Southeast Asia, its employee management platform would ultimately become an important piece of software infrastructure for the region.

Since its soft launch in March 2022, Omni HR has been adopted by a number of companies to automate manual HR processes such as employee onboarding, time off management, and document management. The company is now coming out of its stealth mode and is ready to expand across the region, starting with Singapore and Indonesia.

“Our initial traction has been promising and we’re off to a great start,” says Omni HR Co-Founder YC Chan. “We are better than incumbents not only because of our superior tech solutions, but also because of our understanding of the local context which enables us to design a product fitting our customer needs.”

The investors in this round are bringing in a unique combination of operational know-hows and strategic support. Alpha JWC is the investor in various leading Southeast Asian startups including Ajaib, Carro and Spenmo, while Picus Capital has extensive experience investing in HR tech companies such as Personio, Bennie and Workmotion.

With the new funding, the company will further enhance its all-in-one product offering, including the launch of a recruitment module by Q3 and a performance management module by Q4, respectively.

“Omni is building an end-to-end HR suite that covers the entire employee life cycle and automates the repetitive workflow to help the management handle their people operations. With solutions that cater to problems faced by most, if not all, kinds of companies, we believe Omni HR has the unique potential to grow fast and become the region’s HR SaaS of choice,” says Jefrey Joe, Co-Founder and General Partner at Alpha JWC Ventures.

“While the HR function is the most crucial one in every business, we believe that the Southeast Asian market is still a white space with no comprehensive and localized tool to manage a workforce efficiently and offer a strong employee experience. Omni HR has built a clearly superior solution by going beyond basic administrative functionality into automating repetitive workflows like onboarding in the HR departments. This need has been especially accelerated by an increasing number of software being used in a company and an increasingly remote workforce which is harder to manage with traditional IT infrastructure,” says Florian Reichert, Partner & Managing Director at Picus Capital.

Omni HR is a software-as-a-service company that provides a seamless employee management system to help companies digitize and automate the end-to-end HR processes in a single platform. Its platform currently offers features to automate manual HR processes from employee onboarding, time off management, to document management. Founded in 2021, Omni HR is taking a regional approach for its business, starting with Singapore and Indonesia. For more information, please visit www.omnihr.co

Alpha JWC Ventures is an early to growth-stage Southeast Asian venture capital firm. Its debut fund was launched in 2016 as Indonesia’s first independent and institutional early-stage venture capital fund. Over the years, Alpha JWC has established a strong reputation and clear positioning in the market as the leading venture capital firm with one of the region’s largest on-the-ground teams and a global network. The firm currently manages around US$ 650 million AUM – the largest early-stage fund in Southeast Asia – and 60+ active portfolio companies across Southeast Asia. For more information, please visit www.alphajwc.com

Picus Capital is an international, privately financed venture capital company with headquarters in Munich and offices in New York, Beijing, Berlin, London, Bangalore, Stockholm and São Paulo. Picus predominantly invests in Pre-Seed, Seed and Series A rounds and focuses on technology companies in real estate, financial services, HR, energy & climate, logistics & mobility, e-commerce, healthcare, crypto & web3 and deeptech. As an entrepreneurial sparring partner, Picus Capital pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For more information, please visit www.picuscap.com

For media queries, please contact:
Lynette Teo | Senior Digital Marketing Manager at Omni HR
lynette.teo@omnihr.co

PR Newswire

The 5th Digital China Summit Opened in Fuzhou City, Fujian Province

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FUZHOU, China, July 23, 2022 /PRNewswire/ — The 5th Digital China Summit opens in Fuzhou, Fujian province on July 23. It is jointly hosted by the Cyberspace Administration of China, National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council and Fujian Provincial People’s Government.

Themed “Innovation-driven New Transformation, Digitization-led New Paradigm”, the summit is positioned to be a platform for publishing China’s policies on IT application development, a platform for displaying the latest achievements in digital China development, a platform for exchanges on the theories, practices and experiences of e-government and digital economy, and a cooperation platform for pooling global resources to promote digital China development. It consists of 8 parts: the opening ceremony, main forum, policy release, sub-forums, achievement exhibition, digital product expo, Digital China Innovation Contest, DCIC 2022, and side events such as “Dialogue on the Min River: and “Dialogue: Outlook for Fuzhou“, according to the Publicity Department of the CPC Fuzhou Municipal Committee.

As the host of the DCS for five consecutive times, Fuzhou participates in this digital event with all exhibitors to witness the new development, new progress and new prosperity of digital China.

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=425995

   Caption: The 5th Digital China Summit opened in Fuzhou City, Fujian Province

PR Newswire

Witness the Rise of the Power of Innovation, Final of the Global Digital Economy Innovation Competition 2022 to Be Staged at the End of this July

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BEIJING, July 19, 2022 /PRNewswire/ — Since its launch, the Global Digital Economy Innovation Competition 2022 has attracted 500+ projects from over 20 countries to sign up. The final will be staged at China National Convention Center in Beijing on July 29.

The Global Digital Economy Conference (hereinafter referred to as GDEC) 2022 is hosted by Peoples Government of Beijing Municipality, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Commerce, Cyberspace Administration of China, and China Association for Science and Technology. As an important part of the GDEC 2022, the GDEIC is jointly organized by Beijing Municipal Bureau of Economy and Information Technology, Chaoyang District Peoples Government of Beijing Municipality and Asia Data Group. With the theme of “Scientific and Technological Innovation Empowers Industry – A New Pattern of Digital Economy”, the competition consists of five sub competitions as well as exhibitions, industry matchmaking and cloud competitions to create a high-quality innovation competition that integrates online and offline. 11 high-quality projects stood out and won the admission ticket to the final after five fierce sub competitions. At that time, guests from governments, enterprises, universities, research institutes and finance and end-users will gather to witness the wonderful moment when the dream of innovation and entrepreneurship in the digital economy blossoms.

Gathering global high-quality innovation resources

As a China-based competition with a global outlook, this GDEIC, adhering to the concept of openness and collaboration, recruits roadshow projects from 20+ countries around the world. The selection criteria for projects will center on the hot issues, key points and difficulties in the development of the global digital economy. Innovation projects that are leading and promising in the field of digital economy will be cherry-picked from key industries such as the new-generation of information technology, digital healthcare, digital culture and sports, digital low carbon, digital consumption, and digital manufacturing as well as more than 20 sub-sectors, including artificial intelligence, blockchain, network security and digital environmental protection.

The five sub competitions has attracted more than 500 projects worldwide so as to bring together high-quality innovation resources and provide an important platform for global makers to display and communicate. In the end, 11 outstanding projects were shortlisted for the final. They are Yuntu WiseVision, Guodian Gaoke, Ilodo (Beijing) Sports Technology Co., Ltd., Nanhuai, Shenzhen Meikyo Environmental Technology Co., Ltd., German OLI Ecoystem, SHINEtoilets, Fubao Robot, E3A Healthcare Pte Ltd, PIXMOVING INC and Changhui Auto Steering System (Huangshan) Co., Ltd.

Accelerating the landing and transformation for projects

The final will invite executives from more than 100 leading investment institutions around the world, such as IDG Capital, Sequoia Capital, SBCVC, ASBV and GSR Ventures as investment mentors to provide more opportunities for excellent projects to interact with capital. Besides, experts, scholars and elites in digital economy will be invited to participate in the competition, all to build a benchmark event for digital economy entrepreneurship.

In order to help participants better present their projects, cloud exhibitions, web conferencing, livestreaming videos and metaverse venues will be adopted, together with interaction on the same screen, to realize superior display, communication and docking that break the limits of time and space. Furthermore, digital special effects are used offline for the diversified display of project information to build a metaverse scene where infinite creativity is enabled via technology.

According to the GDEIC’s Organizing Committee, in addition to the competition among 11 projects during the final, 20 companies will be invited for roadshows, exhibitions and docking on the spot to facilitate the deep integration of the digital economy and the real economy. Moreover, the introduction and promotion of landing policies for micro, small and medium-sized enterprises, and industry docking and exchanges will be set, with government leaders, representatives of innovative enterprises and incubators, heads of industrial parks and leading companies in the industry invited to get involved in the on-site docking, so as to build a bridge for participants to communicate with governments, industrial parks, and enterprises of different natures, and promote the follow-up development and implementation of the industry.

The final will kick off in Chaoyang District. Since it first proposed to build a digital economy demonstration zone in Beijing in September 2020, the district, combined with its own resources, guided by the cultivation of digital industrial clusters and focused on enabling the upgrading of traditional industries, has been actively cultivating future-oriented new technologies, new business formats and new models, with a leading edge in the field of digital economy formed. The final will build a communication and cooperation platform for the shortlisted high-quality projects.

Let us witness the matchup on July 29.

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PR Newswire

iQIYI Enters into Content Licensing Cooperation with Douyin

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BEIJING, July 19, 2022 /PRNewswire/ — iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that the Company has entered into a definitive agreement with Douyin, pursuant to which the Company will license select content to Douyin for editing and distribution as short form videos in the formats agreed by the two companies. The Company and Douyin will also cooperate in other operational areas.

“The cooperation between iQIYI and Douyin demonstrates the value recognition of iQIYI’s exceptional content portfolio, as well as the strength and longevity of the Company’s premium long-form video content. And more importantly, this is a milestone that showcases the mutual respect and collective efforts in protecting intellectual property.” commented Mr. Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI. “We believe our cooperation will unlock new opportunities that will enrich the online video ecosystem, increase the value of our existing intellectual property, broaden monetization opportunities, and create win-wins for both platforms, content creators, and our users.”

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. We produce, aggregate and distribute a wide variety of professionally produced content, or PPC, as well as a broad spectrum of other video content in a variety of formats. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency, online literature, etc.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. iQIYI may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about iQIYI’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and iQIYI undertakes no duty to update such information, except as required under applicable law.

For further information, please contact:

Investor Relations
iQIYI, Inc.
+ 86 10 8264 6585
ir@qiyi.com

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Source: iQIYI, Inc.

PR Newswire

Tencent Music Entertainment Group to Report Second Quarter 2022 Financial Results on August 15, 2022 Eastern Time

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SHENZHEN, China, July 15, 2022 /PRNewswire/ — Tencent Music Entertainment Group (“TME”, or the “Company”) (NYSE: TME), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2022 after the U.S. market closes on Monday, August 15, 2022.

TME’s management will hold a conference call on Monday, August 15, 2022, at 8:00 P.M. Eastern Time or 8:00 A.M. Beijing Time on Tuesday, August 16, 2022, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

6831525

The replay will be accessible through August 22, 2022, by dialing the following numbers:

United States Toll Free:

+1-877-344-7529

International:

+1-412-317-0088

Access Code:

2652958

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.tencentmusic.com/.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Investor Relations Contact

Tencent Music Entertainment Group
ir@tencentmusic.com 
+86 (755) 8601-3388 ext. 818415

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PR Newswire

LLL Announces Performance-Based Employment Agreement with CEO Sun “Ice” Lei

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HAIKOU, China, July 14, 2022 /PRNewswire/ — JX Luxventure Limited (Nasdaq: LLL) (the “Company”), a company delivering comprehensive products solutions to global high-net-worth families with business segments covering menswear, cross-border merchandise and tourism, announced today that on July 12, 2022, the Company has entered into an Employment Agreement with Sun Lei, our Chief Executive Officer with a term of one (1) year.

Under this Employment Agreement, Sun Lei shall receive cash compensation of US$1.00 and stock-based compensation correlated with the Company’s achievements in 2022 as follows:

Revenue to be Reported in Our 2022 Annual Report

–  25,000 shares of common stock if the Company reports revenue in a range of US$59,000,000 – US$99,999,999.  

–  50,000 shares of common stock if the Company reports revenue of US$100,000,000 or more.

Profit (Loss) Margin from Operation to be Reported in Our 2022 Annual Report

–  50,000 shares of common stock if the Company reports a 5% -9% improvement from its operation in 2022 compared to 2021.

–  75,000 shares of common stock if the Company reports a 10% – 19% improvement from its operation in 2022 compared to 2021.

–  100,000 shares of common stock if the Company reports a 20% or more improvement from its operation compared to 2021.

Profit from Non-Menswear Business to be Reported in Our 2022 Annual Report

–  50,000 shares of common stock if the non-menswear business achieves profitability on an adjusted basis.

Ruifeng Mu, an independent director who is the Chair of the Audit Committee of the Board of Directors of the Company, said, “Through her strong leadership and tireless dedication, Ms. Sun has been instrumental in transforming JX Luxventure into a high-performance company. We structured the performance-based employment agreement to align with our shareholder value and our goal of a second-year turnaround strategy, which is continuing robust revenue growth and improving our operation profit margin. Over the last one and half year, the Company has made good progress and Ms. Sun has led the Company to deliver on many of its expectations. The Board is confident in her ability to continue as a strategic visionary and leader to lead JX Luxventure to a successful future ahead. We look forward to building a great company with Ms. Sun for many years to come.“

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About JX Luxventure Limited

Headquartered in Haikou, China, JX Luxventure Limited is a company delivering comprehensive products solutions to global global high net worth families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism. To learn more about the Company, please visit its corporate website at en.jxluxventure.com.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of JX Luxventure Limited, and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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PR Newswire

iOffice + SpaceIQ Expands Leadership Team to Support Growth

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Seasoned Executives Build on the Company’s Acceleration to Address the $19B Workplace and Asset Technology Market

ATLANTA, GA, July 13, 2022 /PRNewswire/ — iOffice + SpaceIQ, the global workplace technology company, today announced continued investment in executive leadership with the appointment of Tara Baker as Chief Financial Officer, Meg Swanson as Chief Marketing Officer, Dan DeRosa as Chief Product Officer, Carol Howard as Chief People Officer, and Carla Nichols as Chief Customer Officer. This expansion of the leadership team follows the appointment of CEO Brandon Holden.

These additions will drive the company’s next chapter of high global growth with the industry’s most comprehensive workplace experience and asset management portfolio. Workspaces are undergoing tremendous change to accommodate flexible workforces which has increased the criticality of coordinated space, asset, and maintenance management. In response, industry advisory firms predict workplace and asset software spending to rise to $19B by 2025.

“We hear the need from customers for data, guidance and intuitive solutions as they work toward creating exceptional employee experiences in context of evolving hybrid workplaces. I am thrilled to have our expanded leadership team to work alongside our customers and lead the industry in breaking new ground in workplace technology,” said Brandon Holden, Chief Executive Officer of iOffice + SpaceIQ.

The expanded leadership team brings a deep customer experience focus that will accelerate solutions to help organizations evolve their real estate and critical asset strategies.

In her role as Chief Financial Officer, Tara Baker will steward the company’s long-term financial performance and value creation, focusing on digital transformation. Baker brings more than 25 years of transformational operations and financial management experience to the company. She has led high growth in senior financial leadership and consulting positions at global leaders Forcepoint, Vaco, and KPMG.

Meg Swanson joins as Chief Marketing Officer running brand leadership, market activation, customer marketing, and digital strategy. Swanson has more than 20 years of technology marketing experience with an emphasis on software-as-a-service (SaaS) solutions. She has led high-performance teams at IBM, AffiniPay, and Accruent in addition to cloud, fintech, security, and built environment organizations.

Dan DeRosa joins as Chief Product Officer with more than 30 years of product management, corporate development, and technology alliances experience with companies such as BeyondTrust, Sage Software, ADP, Dell SecureWorks, and AT&T. DeRosa has a strong track record of building high-growth organizations that deliver consistent value and will focus on enhancing product offerings to provide the company’s more than 2M users with a sustainable competitive advantage.

Carol Howard joins as Chief People Officer as part of the company’s people-first mindset. Howard has fostered strong company cultures, diversity and inclusivity, and teams that drive innovation throughout her more than 25 years of experience. She brings an extensive hiring and retention track record within fast-growing technology companies including leading human and people resources at Abrigo, Khorus, and Lombardi Software.

Carla Nichols joins as Chief Customer Officer. Having led customer-facing teams for three decades, including 15 years scaling SaaS start-ups, Nichols will use her expertise to expand the organization’s professional services, customer support, and success teams. As a customer experience leader, she has led high-growth technology companies to deliver strong customer satisfaction and retention in leadership roles at Keap, PatientPop, Smarsh, and Accenture.

This leadership team joins previously announced Chief Technical Officer Gary Reinersman and Chief Revenue Officer Jeff Longoria.

iOffice + SpaceIQ merged in August 2021 following acquisition by global private equity leader Thoma Bravo. The combined organization provides comprehensive workplace experience, strategic planning, and operations capabilities that enable businesses to achieve operational excellence while supporting employee well-being and engagement. To learn more and view leadership profiles, visit iofficecorp.com/leadership.

About iOffice + SpaceIQ:

iOffice + SpaceIQ empowers how tomorrow will work, helping employees and companies adapt and thrive to produce better outcomes for the world. Our smart workplace technology enables over 10,000 organizations in 85 countries to improve business performance through intuitive, people-first space planning and operations. More than 2M end users rely on iOffice + SpaceIQ platforms to optimize more than 2B square feet of space valued at more than $64B, maintain mission-critical assets, and enhance how people interact with the workplace. Explore the capabilities at www.iofficecorp.com and www.spaceiq.com.

Media Contacts
Erin Sevitz
erin.sevitz@spaceiq.com

Magenta Associates
Simon Iatrou
905-242-7682
simon@magentaassociates.co

PR Newswire

NaaS Technology and Jingcheng Leasing Jointly Developing a New Charging Infrastructure Ecosystem

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The strategic cooperation will provide one-stop financial solutions for the construction of charging stations

BEIJING, July 11, 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS” or “the Company”) announced that the Company has signed a strategic cooperation agreement with Beijing Jingcheng International Financial Leasing Co., Ltd. (“Jingcheng Leasing”), whereby the two parties will collaborate on the development and implementation of technology and financing services for electric vehicle (“EV”) charging facilities. The strategic cooperation will draw from the strengths of both parties in terms of their respective resources and business advantages, and facilitate the development of new charging infrastructure through the combination of industry expertise and financial expertise.

“The strategic cooperation between NaaS and Jingcheng Leasing will efficiently connect charging station operators’ strong demand for financing services, to the relevant financial services, and, by doing so, further strengthen the integration and utilization of industry resources,” said Xiang Yu, Vice President of Operations, NaaS. “The tie-up will allow NaaS Technology to serve as a ‘connector’ for the industry. The two parties will make their financial services solution for the EV supply chain available throughout China, solving a challenge facing various parties in the industry value chain, while serving to power the ecosystem with financial services. Both parties look forward to collaborating to build and strengthen China’s EV sector.”

The partnership integrates the digital capabilities of NaaS along with Jingcheng Leasing’s financial services to provide operators with one-stop financing solutions, enabling operators to be able to lease the charging pile equipment at the beginning of the construction cycle and opt to pay back the borrowed funds through installments.

By providing this option, operators can proceed with the construction of charging stations and develop a roadmap whereby the construction of the stations is continuous and uninterrupted, ultimately resulting in the build out of fully-functional urban charging networks. In addition, the partnership will also facilitate the sales of charging pile equipment, improve profitability, leading to the development of a virtuous cycle for the industry.

Jingcheng Leasing, is a subsidiary of Beijing Jingcheng Machinery Electric Holding Co., Ltd., and is focused on serving the development of the real economy through Jingcheng Leasing’s abundant funding and diversified product portfolio. Jingcheng Leasing provides high-quality financial leasing products and financial solutions primarily to manufacturers of power generation equipment, environmental protection equipment, CNC machine tools, high-pressure vessels, printing machinery, additive manufacturing and industrial robots.

“NaaS serves many charging pile manufacturers, charging station operators, OEMs and vehicle owners. The cooperation with NaaS enables us to bring financial leasing services to the booming EV charging market and allows us to vastly expand our customer base,” said Jianfeng Jing, General Manager of Jingcheng Leasing. “Jingcheng Leasing looks forward to our successful cooperation, where together we will serve customers through the power of technology and finance, and facilitate the healthy development of the EV charging industry, and in the process, contribute to the development of China’s renewable energy sector, helping towards achieving the country’s dual-carbon goals.”

With the rising popularity of EVs, the market for the construction of charging infrastructure is expanding. In 2020, the construction of charging piles was included in the <<government work report>> for the first time as one of seven new infrastructure projects. State-owned financial services company Guosen Securities predicted that in the next ten years, there will be a need for some 63 million charging piles across China, creating an infrastructure construction market with a value estimated at 1.02 trillion yuan (approx. US$152 billion). Such a market will also create parallel demand for related financing services. In the actual construction of such stations, some small- and medium-sized operators or state-owned enterprises may find themselves unable to complete the construction of their stations due to insufficient funds or poor fund allocation, thereby creating the need for financial solutions.

About NaaS Technology Inc.

NaaS Technology Inc. is one of the largest and fastest growing EV charging service providers in China. The firm is a subsidiary of NewLink, a leading energy digitalization group in China. NaaS provides one-stop services to charging pile manufacturers and operators, OEMs, companies with their own delivery fleets as well as fleet operators, with online, offline, and non-electric services covering the whole value chain across the EV sector. As of 2021, NaaS had connected 290,000 charging piles, with an annual charging capacity of over 1,200 Gigawatt hours, accounting for about 18% of China’s public charging market and eliminating 900,000 tons of carbon emissions annually. On June 13, 2022, NaaS Technology Inc. was officially listed on NASDAQ under the stock code NAAS.

For more information, please visit NaaS Technology Inc

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PR Newswire

A superb line-up: Brightest Talents gather at HKATG

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HONG KONG, July 11, 2022 /PRNewswire/ — As the first commercial aerospace enterprise in Hong Kong, Hong Kong Aerospace Technology Group (01725. HK) has recently presented its R&D achievements in InnoMark exhibition, drawing the attention of many media and institutions. The Group released an announcement on 5 July 2022 regarding the appointment of new directors and the establishment of new committees, and the news has aroused heated discussions in the industry. According to the announcement, Dr. Othman has been appointed as an independent non-executive Director and the chairman of the International Cooperation Committee; and Mr. Niu Aimin has been appointed as a non-executive Director and a member cum secretary of the International Cooperation Committee with effect from the announcement date. It is known that the establishment of the International Cooperation Committee is aimed at promoting the cooperation between the Group and the international organizations, while providing professional advice for the business development of the Group.

Both Dr. Othman and Mr. Niu Aimin have profound experience in the aerospace industry. Dr. Othman was the founding Director-General of the National Space Agency (ANGKASA), laying the foundation of space exploration for Malaysia; she led the National Astronaut Programme which saw the launch of the first Malaysian to the International Space Station in 2007. She was responsible for the launch of Malaysia Remote Sensing Satellites: TiungSAT and RazakSAT, was appointed as a Director of the United Nations Office for Outer Space Affairs (UNOOSA) in Vienna and served as the Deputy Director General of the United Nations Office at Vienna (UNOV) in June 2009.

Between 2017 and 2021, Dr. Othman was the Director of the International Science Council (ISC) Regional Office for Asia and the Pacific (ROAP). As for Mr. Aimin Niu, he has been undertaking international cooperation in space technology and its applications as well as space exploration since 1998. He took the leadership roles at the BeiDou International Cooperation Center between 2021 and 2022 and respectively served as Senior Expert and Scientific Affairs Officer (P4) for the United Nations Office for Outer Space Affairs (UNOOSA) from 2011 to 2014 and from 2017 to 2020.

Hong Kong Aerospace Technology Group is committed to leading the commercial aerospace industry in Hong Kong and creating an ecological chain serving the global commercial aerospace industry. The group has recently moved into the Advanced Manufacturing Center (AMC) located in the Tseung Kwan O Industrial Estate, setting up Hong Kong’s first satellite manufacturing center; a monitoring and operation control, application, and data center for satellites of 180,000 square feet for the manufacture of the first operational satellites in 2022.

As an important part of the corporate governance structure, the professionalism of the new directors will continue to enhance the level of corporate governance, help the Group further enhance its international expertise in satellite manufacturing, measurement, and control technology, and promote the development of cooperation between HKATG and world-class organisations to capture the rapid growth of the aerospace industry, contribute to the enhancement of international influence and convey the future development of the Group.

It is reported that the HKATG will continue to invite experts in the field of aerospace from all over the world to join the Group, to bring highly professional talents under one roof. At the same time, the Group has signed strategic cooperation agreements with several local universities to provide a career platform for more local space graduates by making use of the opportunity of commercial satellite manufacturing. In the future, the Group will continue to recruit international professionals to combine with the training of local talents to drive more innovative achievements, encourage young people to join the industry, as well as promote the development of re-industrialization in Hong Kong.

PR Newswire

Canada’s national bill and tax payment infrastructure operated by Dye & Durham remains unaffected by today’s network outages

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  • Canadians can continue to pay their pre-authorized bills and online tax payments
  • Over a million Canadians use Dye & Durham’s national payment infrastructure daily

TORONTO, July 9, 2022 /PRNewswire/ — Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”), a leading provider of cloud-based efficient workflow software for legal and business professionals, announced today its online payment platform remains fully operational and unaffected by the wireless and internet service outages being reported across the country.

Dye & Durham’s national payment infrastructure platform plays a critical role in Canada’s financial system, supporting more than 1 million Canadians daily and processing more than $1.3 trillion in transactions annually. Canadians can confidently continue to make transactions such as pre-authorized payments for bills and taxes across all levels of government, in addition to a range of fund transfer services through their financial institutions.

“Our reliable national payment infrastructure remains fully operational, enabling consumers and businesses across the country to make timely and important transfers,” said Dye & Durham Chief Operating Officer Martha Vallance. “Dye & Durham’s technology plays a critical part in facilitating millions of daily transactions that drive Canada’s economy.”

About Dye & Durham 
Dye & Durham Limited is a leading provider of cloud–based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Dye & Durham provides critical information services and workflows, which clients use to manage their process, information and regulatory requirements. The Company has operations in Canada, the United Kingdom, Ireland and Australia, and has a strong blue-chip customer base that includes law firms, financial service institutions, and government organizations.

Additional information can be found at www.dyedurham.com

Morgan McLellan, morgan@providentcomms.com, 647-802-4825