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PR Newswire

Thailand 2020 Investment Applications at Over 480 Billion Baht, Led by E&E and Food, BOI Says

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BANGKOK, Feb. 10, 2021 — The Thailand Board of Investment (BOI) said today that local and foreign investors had in 2020 filed a total of 1,717 applications for investment promotion, representing a combined investment value of 481.1 billion baht (USD16 billion), led by projects in the electric and electronics and the agriculture and food processing sectors, and a surge in the medical sector.

Ms Duangjai Asawachintachit, Secretary General of the Thailand Board of Investment (BOI) spoke to reporters in Bangkok on 10 February 2021 after a board meeting which approved incentives for the public listing of BOI-promoted companies and acknowledged the 2020 investment applications report.
Ms Duangjai Asawachintachit, Secretary General of the Thailand Board of Investment (BOI) spoke to reporters in Bangkok on 10 February 2021 after a board meeting which approved incentives for the public listing of BOI-promoted companies and acknowledged the 2020 investment applications report.

"The coronavirus outbreak represented both a challenge and an opportunity, and while the overall economy registered a slowdown in 2020, businesses that can continue to expand during the crisis, such as the medical sector, witnessed an increased number of investment applications," Ms Duangjai Asawach, Secretary General of the BOI, told reporters. "The number of projects and the investment value reflect the success of the investment promotion measures we took in the past year to answer the needs of the market, especially in the medical masks, hygiene products, and medical rubber gloves segments."

Applications for projects in the target industries, sectors of strategic importance for the country’s economic development, amounted to 230.7 billion baht, or 48% of the total value of applications. The top five sectors by value were: 1) electrical appliances and electronics with 50.3 billion baht worth of applications; 2) Agriculture and food processing with 41.1 billion baht; 3) automotive and parts with 37.8 billion baht; 4) Petrochemicals and Chemicals with 36 billion baht; and 5) Biotechnology with 30 billion baht.

The medical sector saw a noticeable increase of the value of applications which grew 165% from 2019 to 22.3 billion baht as a result of specials incentives offered by the BOI to this industry in support of Thailand’s efforts to manage the Covid-19 crisis. Investments in this sector came from both large companies and SMEs.

In regard to Foreign Direct Investment (FDI), some 907 project applications were filed in 2020 worth a total investment value of 213.2 billion baht. The FDI were led by Japanese companies, which topped the ranking both in terms of the number of applications, 211 projects, and in terms of combined investment value, 75.9 billion baht. Investments from China came in second with 31.5 billion baht investment value, followed by US with 24.6 billion baht investment value.

The Eastern Economic Corridor, or EEC area, which comprises the provinces of Chonburi, Rayong and Chachoengsao, attracted 453 projects applications filed by both local and foreign investors, worth a combined investment value of 208.7 billion baht.

Renewal of the measures to encourage the public listing of BOI-promoted companies

At a board meeting chaired by Prime Minister Gen Prayut Chan-ocha today, the BOI approved to renew the incentives offered to BOI-promoted companies to list on the Stock Exchange of Thailand (SET) or the Market for Alternative Investment (MAI) in order to get access to new funding sources, while participating to strengthen Thailand’s capital market and economy.

The scheme grants companies going public an additional 100% corporate income tax (CIT) exemption on the value of their investment (excluding cost of land and working capital). Projects which have already been granted BOI promotion and have started to generate income can still apply for these additional privileges and benefits on the condition they still have valid CIT exemption rights.

To be granted these additional privileges and benefits, companies must submit their applications by the end of December 2022. The companies must get listed on the SET or MAI before applying for promotion, but companies listed prior to the announcement of the measure are not eligible to this scheme.

For more information, please contact:

Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand

Related Links :

http://www.boi.go.th/

PR Newswire

Mercurity Fintech Holding Inc. Announces Results of 2021 Extraordinary General Meeting

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BEIJING, Feb. 9, 2021 — Mercurity Fintech Holding Inc. (the "Company") (Nasdaq: MFH) today announced the results of its 2021 Extraordinary General Meeting, held on February 5, 2021 in Beijing, where it adopted resolutions, effective immediately, to: (i) increase the authorized share capital of the Company from US$50,000 to US$250,000; and (ii) re-elect following nominees as members of the Company’s Board of Directors:

Name

Title

Hua Zhou

Director and Chairperson of the Board of Directors

Haohan Xu

Director

Longming Wu

Director

Xiaoyu Li

Director

Tony C. Luh

Director

Paul L. Gillis

Director

Yuan-Ching (Samuel) Shen

Director

 

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 "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend, " "ought to, " "plan, " "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact:
Xingyan Gao
Mercurity Fintech Holding Inc.
ir@mercurity.com
Tel: +86 (10) 5360-6428

Related Links :

http://ir.ccjmu.com/

PR Newswire

uCloudlink’s GlocalMe Portable Wi-Fi Devices Achieve Outstanding Growth in U.S. Market Despite Travel Restrictions

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HONG KONG, Feb. 8, 2021 — UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world’s first and leading mobile data traffic sharing marketplace, has reported outstanding results in the U.S. over the past six months for its GlocalMe brand with an 100% uptick in the website traffic of its local e-commerce site, as well as a new record of monthly registered users in its APP in final quarter of 2020, which exceeded its historical peak in 2019 pre COVID-19. Off the back of its phenomenal success, uCloudlink will launch GlocalMe brand’s local e-commerce sites for European market in 2021, commencing with France.

Although travel has been largely restricted due to the pandemic, the demand for reliable, portable network connectivity is of greater importance than ever before. Safety concerns and social distancing measures associated with COVID-19 are driving more Americans to stay home; and rising trends in remote work, distance learning and online activities mean that staying connected is an absolute necessity. Tapping into different sources of wireless data, aside from home networks or mobile data, can help deliver this constant connectivity in the ‘new normal’.

uCloudlink’s GlocalMe brand offers full-frequency support with a stable network, flexible data plans and high-speed connections. With GlocalMe devices, users enjoy wider coverage and a more reliable connection compared to a traditional Wi-Fi hotspot from a mobile carrier – making online work and activities a breeze in any location. While this feature makes GlocalMe the ideal travel companion, it is also a must-have accessory in today’s environment, where a strong online connection is frequently needed as users find themselves working or learning remotely.

The company is also expanding its product and service penetration to provide more customers with reliable connectivity, high speeds and competitive pricing by offering a range of cooperation models with different organizations. In the upcoming February, GlocalMe will partner with Turkish Airlines to launch a campaign – customers who buy GlocalMe devices on GlocalMe’s US site, will be offered with Miles&Smiles loyalty points which could be used in their future flights with Turkish Airlines. With GlocalMe ‘s devices on hand and Miles&Smiles miles awarded, customers will be able to enjoy not only superior mobile connectivity at anywhere and at any time, but also value-added services for their travelling plan.

In strategic key markets with high growth potential such as the United States and Europe, uCloudlink continues to enhance its e-commerce efforts with the intention of opening more new business opportunities to facilitate its business growth and performance in the future. Looking ahead, the company plans to launch new products to help users stay connected while working and learning from home. The brand is also forging new partnerships with like-minded companies, as well as developing new content, to offer even more value for its customers.

For more information, please visit https://www.glocalme.com/US

About UCLOUDLINK GROUP INC.

uCloudlink is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

Related Links :

http://www.glocalme.com/US

PR Newswire

Tanla’s continued investment in communication platforms pays off in stellar Q3 results

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HYDERABAD, India, Feb. 7, 2021 — Tanla Platforms Limited today announced its results for the quarter ended 31 December 2020 in comparison with the same period the previous financial year.

Key Metrics

Revenues were Rs 654.1 crore, up by 21% EBITDA was Rs 126.9 crore, up by 99%

Net profit was Rs 93.5 crore, up from Rs 0.7 crore

Cash and cash equivalents were Rs 449.3 crore, up from Rs 204.8 crore Earnings Per Share was Rs 6.87, up from Rs 0.05

Uday Reddy, Chairman & CEO of Tanla Platforms Limited said, "The quarterly results demonstrate the depth of Tanla’s capabilities in the platforms and commercial communications domain. Our unwavering focus, and investment in platforms and products, people, customer success and brand have all led to us posting the best quarterly performance till date. With our market position stronger than ever before, we are committed in our decision to expand our global footprint in the CPaaS business."

"Trubloq, the DLT platform built to enforce the TRAI regulation has seen massive adoption across enterprises, telemarketers and telcos. To date, we have onboarded more than 34,000 enterprises. Trubloq was only launched commercially in September, and now processes over 70% of A2P traffic in India, topping 1 Billion interactions in a single day last month. Trubloq significantly bolstered Tanla’s revenues in the third quarter.

"Data security, data privacy and traceability of digital footprint are no longer just compliance requirements, rather fast emerging as a potential source of competitive advantage and so are becoming a strategic priority for organisations. The Wisely platform, our latest offering launched in January ensures that end users data security and data privacy is never compromised when sending and receiving commercial communications. Wisely is on its way to "Uberize" the CPaaS ecosystem."

Financial Highlights

India’s largest CPaaS provider delivered its best third quarter revenues.

On a year-on-year basis, revenues grew 21% to Rs 654.1 crore accounting for more than a third of last year’s annual revenues. The EBITDA was up by 99% to Rs 126.9 crore for the same period, crossing the Rs 100 crore mark for the first time. The company reported a highest ever net profit of Rs 93.5 crore.

EBITDA to cash conversion was 78% and cash generated from operating activities was Rs

225.2 crore, for the quarter. Tanla & all of its subsidiaries continue to remain debt free.

Business Highlights

Tanla’s growth in business for the quarter was propelled by 81 new client opportunities. These

new deals could augment the annual revenue by Rs 90 crore.

Early January, Tanla also marked a significant milestone in the platforms business with the launch of Wisely, a blockchain-enabled CPaaS offering built & architected by Microsoft. As a unique marketplace for enterprises and suppliers, Wisely offers a global edge-to-edge network that delivers private, secure, and trusted communication experiences. It was the first time that an Indian technology company released a disruptive platform for global adoption.

New Enterprise Wins

  • Tanla’s new enterprise wins came from eight sectors for the quarter. Banking, fintech, retail and e-commerce accounted for more than 50% of new enterprise wins.
  • Consumer goods and automobile, communications and entertainment, and BFSI sectors top the list of 6,278 enterprises that registered on Trubloq in Q3 alone.

Responding to COVID-19

During these trying periods, we focused on keeping our employees safe, encouraging them to work from home by providing them with adequate technology and infrastructure. Even as we worked remotely, we made certain that the needs of our customers and partners were always met and everybody remained engaged, healthy, and productive in their new working environment.

About Tanla:

Tanla Platforms Limited (NSE:TANLA; BSE:532790) transforms the way the world collaborates and communicates through innovative CPaaS solutions. Founded in 1999, it was the first company to develop and deploy A2P SMSC in India. Today, as one of the world’s largest CPaaS players, Tanla processes more than 800 billion interactions annually and about 70% of India’s A2P SMS traffic is processed through its distributed ledger platform-Trubloq, making it the world’s largest Blockchain use case. Tanla touches over a billion lives carrying mission critical messages meeting the needs of the world’s largest enterprises. Tanla Platforms Limited is headquartered in Hyderabad, India and is expanding its presence globally.

 

Consolidated Profit and Loss (Un-audited):

Rs in Lakhs

    Particulars

Q3FY21

Q3FY21

Q2FY20

I. Revenue from operations

65,411.2

58,324.7

53,903.9

II. Other income

242.5

474.5

222.7

III. Total Income (I+II)

65,653.8

58,799.1

54,126.6

IV. Expenses

Cost of services

49,296.8

44,891.7

43,510.6

Employee benefits expense

2,003.5

2,283.3

1,826.4

Depreciation expense

892.1

992.3

7,083.9

Connectivity expenses

286.4

280.8

203.8

Finance cost

17.4

8.9

183.9

Other expenses

1,136.3

1,115.7

1,994.2

Total expenses (IV)

53,632.5

49,572.6

54,802.7

 

V. Profit before tax (III – IV)

 

12,021.3

 

9,226.5

 

(676.2)

VI. Tax expense:

 

Current tax

 

1,680.4

 

1,053.2

 

(464.7)

Prior period taxes/MAT credit

–

–

30.6

Deferred tax

988.9

26.0

(310.2)

VII. Profit for the year (V -VI)

9,351.9

8,147.3

68.2

VIII. Other comprehensive income

(173.0)

(330.5)

51.1

IX. Total Comprehensive income for the period (VII + VIII)

 

9,178.9

 

7,816.8

 

119.3

X. Earnings per equity share (in INR)

Basic & Diluted (not annualised)

6.87

5.85

0.05

Logo – https://techent.tv/wp-content/uploads/2021/02/tanlas-continued-investment-in-communication-platforms-pays-off-in-stellar-q3-results.jpg

 

PR Newswire

Senmiao Technology Announces Expansion of Cooperation with China’s Leading E-commerce Services Platform Meituan

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CHENGDU, China, Feb. 5, 2021 — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic cooperation agreement that expands upon a previously announced partnership with Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690). Meituan is China’s leading e-commerce platform for services, focused on its "Food + Platform" strategy to build a multi-level technology service platform.

Following the initial success of the Senmiao-Meituan cooperation in Chengdu, this new strategic cooperation agreement sets the framework for future collaborations between the parties in other cities in China. As part of its strategy, Senmiao next anticipates building out a total solution for ride-hailing drivers in Guangzhou, which will include financing arrangements, rentals, integration of safety features, as well as the launch and development of Senmiao’s proprietary online ride-sharing platform.

If Senmiao’s platform is selected by the rider or by the Meituan application, the order will then be distributed to registered drivers on the platform for viewing and acceptance. Senmiao earns commissions for each completed order based on a certain percentage of the value of the order.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer, stated, "We are thrilled to have established this framework for expanding our cooperation with Meituan. We believe this is a testament to the positive results and feedback we have received from our initial work with Meituan in Chengdu, and we look forward to bringing the same type of excellent service and convenience to people in Guangzhou and beyond. We believe Meituan’s leading platform provides Senmiao with the significant exposure needed to drive our online ride-sharing platform’s growth as a mobile ride-hailing service in China. At the same time, we look forward to bringing increased value and accessibility to Meituan users all over China through this cooperation."

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services. Senmiao also operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements also are subject to risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:

Yiye Zhou

Email: edom333@ihongsen.com

Phone: +86 28 6155 4399

Investor Relations:

The Equity Group Inc. 

In China

Adam Prior, Senior Vice President

Lucy Ma, Associate

(212) 836-9606

+86 10 5661 7012

aprior@equityny.com 

lma@equityny.com 

Related Links :

http://www.senmiaotech.com/

PR Newswire

Montgomery Summit Announces 2021 Keynote Speakers & Presenting Companies

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SANTA MONICA, Calif., Feb. 5, 2021 — The Montgomery Summit presented by March Capital, the leading, invitation-only business and technology conference, today announced speakers and presenting companies for this year’s conference, taking place virtually on March 3rd-4th. Hosted and curated by Summit founder Jamie Montgomery, the exclusive gathering enters its 18th year bringing together a global community of leading investors, entrepreneurs, and industry executives for two days of networking, insights on the latest innovations in business and technology, company presentations, forum and roundtable discussions, and keynote sessions. 

For the first time ever, The Montgomery Summit is opening its plenary sessions (keynotes, fireside chats, and panels) at no cost, allowing for a larger global reach than ever before. "Our first virtual Summit will bring experienced leaders together to discuss groundbreaking industry innovations, including the unique challenges posed to businesses over the past year," said Jamie Montgomery. "Attendees can continue to expect unique insight gleaned through this year’s presentations, the opportunity to schedule collaborative one-on-ones with industry experts, and thought-provoking conversations from our lineup of fireside chats and panel discussions."

Keynote & Notable Speakers
The Montgomery Summit consistently features global leaders and influencers as keynote speakers. This year, Summit guests will hear from luminaries who continue to drive significant and impactful innovation in technology and leadership:

  • Eric Yuan, Founder & CEO, Zoom
  • Bill McDermott, President & CEO, ServiceNow
  • Deepak Chopra, M.D., Founder, The Chopra Foundation
  • Ruzwana Bashir, Founder & CEO, Peek.com
  • Darius Adamczyk, CEO, Honeywell 
  • Jim Whitehurst, President, IBM
  • Jennifer Tejada, CEO, PagerDuty 
  • Vasant Prabhu, Vice Chairman & CFO, Visa
  • Francis deSouza, President & CEO, Illumina
  • Cristiano Amon, President & CEO-elect, Qualcomm 
  • Alexa von Tobel, Founder & Managing Partner, Inspired Capital

Panels with Industry Leaders
The Summit will also offer a series of panel discussions featuring executives from Nasdaq, Goldman Sachs, Amazon Web Services, NVIDIA, and Zynga. 

Session topics include:

  • World of Investing Post-COVID
  • Leading During a Crisis
  • Education Post-Pandemic
  • Perspectives on the Indian IPO Market
  • Gaming

Presenting Companies
For its 2021 program, The Montgomery Summit has reinvigorated the format of company presentations to increase the energy and engagement of the virtual environment. The majority of presenting companies will be clustered into 16 blocks by industry sector, such as "Frontiers of Cybersecurity," "Intelligent Automation," "Cloud Infrastructure," "Real Time Payments," "The Re-invention of the Bank," "Re-inventing Supply Chains," "Optimizing the Data Layer," "The Future of Food," and others. Additionally, the Summit will highlight a number of transformative market-leading companies in a fireside chat format with moderated Q&A from the virtual audience. These companies include ASAPP, Forter, Freshworks, Rubrik, Qumulo, ThoughtSpot, Snyk, and Unqork. Company presentations along with additional program elements including virtual meetings and networking are available to Summit attendees with an all-access pass.

The Female Entrepreneur Program
The Montgomery Summit will host The Female Entrepreneur program for leaders in technology on Wednesday, March 3rd. The event will recognize, support, and celebrate female leaders. Virtual attendees will include entrepreneurs, C-level executives, and partners at leading venture capital firms. The program includes keynote talks from Ruzwana Bashir, Founder & CEO, Peek.com, and Alexa von Tobel, Founder & Managing Partner, Inspired Capital.

Since 2004, The Montgomery Summit has been the premier technology industry-insider event for entrepreneurs, executives, and investors, offering extraordinary opportunities for identifying investments and building relationships. This year’s Summit is programmed thanks to presenting sponsor March Capital. Additional sponsors include Accenture, DC Advisory, EY, Macquarie, CIBC, IBM, Moss Adams, Nasdaq, and ASX.

About The Montgomery Summit 
The Montgomery Summit gathers entrepreneurs, senior investors, and leading executives to discover the most important innovations in business and technology. The event features two days of company presentations, keynotes, fireside chats, plenary panels, and forums. Previously known as The Montgomery Technology Conference, the Summit has provided unparalleled opportunities to meet a diverse blend of technological visionaries and innovators from all over the world for almost two decades. For more information, visit www.montgomerysummit.com.

PR Newswire

Glory Star Cooperates with SaaS Service Provider Zhongmin Zaixian and Launches More than 300 Brands on CHEERS E-mall

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BEIJING, Feb. 5, 2021 — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that it has it has established a comprehensive strategic cooperation agreement (the "Agreement") with Zhongminzaixian (Xiamen) E-Commerce Co., Ltd. ("Zhongmin Zaixian"). As part of the Agreement, Zhongmin Zaixian will integrate its current product and service offerings into the Company’s CHEERS e-Mall ecosystem, which will provide more than 300 domestic and foreign first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise in a full range of categories. These offerings also include online and offline payment services, such as mobile bill payment services for major mobile operators, multiple payment services for video platform membership, gift card payment services for games, and more. The cooperation is planned to be gradually carried out in 2021 and expected to bring additional stimulus to CHEERS e-Mall platform’s development going forward.

As a leading SaaS service provider, Zhongmin Zaixian offers SaaS services to enterprises in multiple market segments along the industry value chain. Its product and service offerings covers more than 300 domestic and foreign for first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise within the industry service supply chain, including brands such as Chow Tai Fook, Cuilu Fine Gold, Gree, Midea, Nike, Philips, and more, as well as other virtual benefits and coupon services. After several years of development, Zhongmin Zaixian’s customers and partners include several major mobile operators, including China Mobile Communications Corporation, China United Network Communications Group Co., Ltd, and China Telecommunications Corporation, as well as many well-known banks, including the Industrial and Commercial Bank of China, China Construction Bank Corporation, China Post Group Corporation Limited, China Merchants Bank, China CITIC Bank, and more. The customers and partners of Zhongmin Zaixian also include several industry leaders, including Air China Limited, Hainan Airlines Co., Ltd., Xiamen Airlines, Trip.com Group Ltd, China Petroleum and Chemical Corporation, and Qihoo 360 Technology Co. Ltd.

Pursuant to the Agreement, the substantial number of brands across Zhongmin Zaixian’s supply chain will help to rapidly expand CHEERS e-Mall’s offerings while also supplementing its high-quality brand channels significantly. At the same time, the supply chain system and diversified service products of Zhongmin Zaixian can help to further increase the number of new consumption scenarios within the CHEERS e-Mall ecosystem, provide its users with a broader array of high-quality products and unique services, and meet all aspects of its users’ needs in their pursuit of a higher-quality lifestyle. Through this cooperation, Glory Star will continue to integrate with multiple brands, expand its supply of high-quality brands and services, enhance its platform value and the value of its cooperating brands, and advance its CHEERS e-Mall as well as other CHEERS platforms to new stages of development.

Mr. Bing Zhang, Founder and Chief Executive Officer of Glory Star, commented, "We are excited to announce the establishment of a comprehensive strategic cooperation agreement with Zhongmin Zaixian. Collaboration between both parties will help Glory Star to establish stronger connections between merchants and users while better satisfying its users’ increasing demands for a quality, convenient, and diversified set of products and services. We are confident that this cooperation will enable us to establish enduring brand influence, enhance our brand awareness, and further improve the leading position of CHEERS e-Mall in the new e-commerce industry."

About Glory Star New Media Group Holdings Limited

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

Safe Harbor Statement

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

Contacts

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

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

PR Newswire

WeBank Named in Gartner “The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally”

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SHENZHEN, China, Feb. 5, 2021 — WeBank named in Gartner’s report "The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally"1 in 2020.

According to Gartner1, "The China blockchain service network (BSN) is a technical infrastructure designed to support and enable the majority of blockchain applications in the Chinese market and provide the backbone infrastructure for commercial activity. It can be regarded as a new internet protocol to facilitate trusted data, value and asset sharing between computer nodes. Gartner believes that from a policy objective, the BSN aims, in particular, to accelerate smart city developments — including activities involving Internet of Things (IoT), artificial intelligence (AI), payments, government processes and the digital silk road initiative."

As in 2019, together with Hyperledger Fabric, WeBank’s consortium blockchain platform FISCO BCOS has joined the BSN as the only two officially certified licensing frameworks. The adaption of FISCO BCOS on BSN was completed in April 2020. Currently, many projects within the FISCO BCOS ecosystem are selected for BSN’s official designated applications.

Gartner also identified WeBank as a sample vendor in terms of blockchain in government in the Hype Cycle for Smart City and Sustainability in China, 20202. In 2020, WeBank applied its open-source blockchain technologies to on application scenarios, such as "The Green Mobility Inclusive Platform." It aims to effectively promote the trusted data circulation and integration of public welfare data, helping to enhance the efficiency of industry-wide collaboration.

Also, responding to the global challenge of COVID-19, WeBank has actively fulfilled its social responsibilities. With its open source blockchain technology, WeBank supported the mutual recognition of cross-border blockchain health code between Guangdong and Macau. By the end of December 2020, the health code system has supported 300,000 daily customs clearances and a cumulative total of 38 million customs clearances, which greatly helped the resumption of work and production during the pandemic.

Source:

1. Gartner, The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally, by David Furlonger, 31 August 2020

2. Gartner, Hype Cycle for Smart City and Sustainability in China, 2020, by Milly Xiang, Uko Tian, Kevin Ji, 31 July 2020

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

PR Newswire

Leading Broker IronFX Announces Launch of New Affiliate Website

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LIMASSOL, Cyprus, Feb. 5, 2021 — IronFX is proud to announce the launch of its newly revamped affiliate website, following many months of hard work and dedication from its team.

IronFX launches newly revamped affiliate website with rewarding payment plans, commissions and bonuses.
IronFX launches newly revamped affiliate website with rewarding payment plans, commissions and bonuses.

IronFX’s affiliate program remains true to its reputation as a leading center for affiliates with the new website showcasing a wealth of tools, services and marketing plans to help businesses grow and increase conversion rates.

The primary goal during the redesign process was to update and expand the services available to affiliates as well as create a more valuable, user-centric and responsive resource across all platforms and devices.

The affiliate website aims at attracting new and current affiliates and offers exciting new payment plans, commissions and bonuses to reward affiliates. Affiliates will be spoiled for choice as they can receive weekly commission payouts, CPA up to $1,500, rebates up to $15 per lot, and 6 payout plans to choose from. There is also dedicated support from a team of experts on education, marketing and how to set up their business. A comprehensive media studio and various marketing tools are also available to assist them to fully build their brand and shape their marketing strategy.*

Attractive bonuses are also available, including a $1,000 sign up bonus and a 30% commission bonus.*

The Head of Affiliates said:

"We are thrilled to launch the new website and firmly believe it will serve as a useful and informative portal for affiliate clients and businesses to get to know our product, before they join us and begin to benefit from our range of bespoke services. We are pleased to say that up until now we have paid out $35m in commissions and the program boasts of a 40% conversion rate. Why be better, when you can be the best!"

For more information on IronFX Affiliates, and the numerous services available to businesses, please visit https://affiliates.ironfx.com/en

All trading involves risk. It is possible to lose all your capital.

*All payment plans & bonuses are subject to terms and conditions

Photo – https://mma.prnasia.com/media2/1433766/ironfx.jpg?p=medium600  
Logo – https://techent.tv/wp-content/uploads/2021/02/leading-broker-ironfx-announces-launch-of-new-affiliate-website-2.jpg

Related Links :

https://affiliates.ironfx.com/

PR Newswire

ZTO to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on Mar 17, 2021

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SHANGHAI, Feb. 5, 2021 — ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2020 ended December 31, 2020, after the U.S. markets closes on March 17, 2021.

ZTO’s management team will host an earnings conference call at 8:30 P.M. U.S. Eastern Time on Wednesday, March 17, 2021, which is 8:30 A.M. Beijing Time on Thursday, March 18, 2021.

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

United States:

1-888-317-6003

Hong Kong:

852-5808-1995

Singapore:   

800-120-5863

Mainland China:

4001-206-115

International:

1-412-317-6061

Passcode:

1124196

A replay of the conference call may be accessible through March 24, 2021 by dialing the following numbers:

United States:

1-877-344-7529

International:

1-412-317-0088

Canada:

855-669-9658

Passcode:

10151906

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

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.

ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.

For more information, please visit http://zto.investorroom.com.

For investor and media inquiries, please contact:

Investor Relations
Tel: (86) 21 5980 4508
Email: ir@zto.com

Media
Tel: (86) 21 3108 0370
Email: media@zto.com