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PR Newswire

Sercomm Philippines Holds Grand Opening of State-of-the-Art and Green Facility in Carmelray Industrial Park 1

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Manufacturing center expansion aims to become regional hub to serve North America and Southeast Asia markets and create 5,000 job opportunities in the Philippines

MANILA, Philippines, May 17, 2023 /PRNewswire/ — Sercomm Philippines, an affiliate of Sercomm Corporation, marked the grand opening of its new and advanced factory center, located in Carmelray Industrial Park 1 in Calamba, Philippines. Department of Trade and Industry (DTI) and Philippine Economic Zone Authority (PEZA) government officials and academic leaders were on hand for Factory Phase I opening ceremony. 

Sercomm Philippines Grand Opening
Sercomm Philippines Grand Opening

Sercomm Philippines is a world-class professional networking equipment manufacturing site aiming to become Sercomm’s regional hub to serve North America and Southeast Asia markets, providing a one-stop integrated service of R&D design, manufacturing and quality assurance. With a more than 2.5 billion peso investment, the manufacturing center is expected to attract local talent and create job opportunities, with an expected total employment of 5,000 employees. The 20,000 m2 facility, which specializes in wireless telecommunication devices such as 5G and fiber products, is a state-of-the-art, eco-friendly building adhering to the highest energy conservation standards. To cope with growing business, Sercomm also plans to construct Factory Phase II. Once completed, the manufacturing and R&D center will be 48,000 m2, and the total capacity will be further expanded to 40 million units in 2025. 

Sercomm, the parent company of Sercomm Philippines, is a leading global manufacturer of telecoms and broadband equipment. Headquartered in Taipei, Taiwan, Sercomm’s global operations network covers markets in North and Central America, Europe, and the Asia Pacific. Its customer base includes the world’s top service providers, networking OEMs, and system integrators. Sercomm was also recently recognized as “Asia’s overall Best Managed Company” and “Asia’s Best Company in Telecommunications” by FinanceAsia Magazine in 2022.

Department of Trade and Industry (DTI) Secretary Fred Pascual said, “The Philippines has abundant natural resources and a vibrant and tech-savvy talent pool. Among the leading companies in the industry that have chosen to establish manufacturing facilities in the Philippines is Sercomm that is pioneering innovation. We at DTI welcome, with optimism, Sercomm’s establishment of cutting-edge facilities in the Philippines, strengthening the country’s industrial competitiveness and facilitating employment generation.”

“The Philippines’ sufficient talent and geographical location between Eurasia and the Pacific Ocean makes it a suitable design and manufacturing center for North America and Southeast Asia. With the strong support of DTI in its inception, Sercomm chose Philippines to be its strategic regional operation center,” James Wang, Sercomm Group Chairman stated, “The new Sercomm Philippines facility is an eco-friendly green building, where technology is integrated into humanities, and it also reflects the corporate commitment of sustainability.”

The company has also inked a LOI (Letter of Intent) with the Philippine Economic Zone Authority (PEZA). Sercomm Philippines reaffirmed its commitment to invest in the talent incubation and to expand its manufacturing facility and production scale in the economic zone, and PEZA will continuously provide any needed support. With Sercomm’s strong collaboration in bringing the most advanced technologies to ecozones, high-tech industries will diversify PEZA’s investment profile and increasingly raise the value chain.

About Sercomm Corporation

Sercomm Corporation (TWSE: 5388) is a worldwide leading manufacturer of telecom and broadband equipment. Founded in 1992, Sercomm has focused on developing embedded solutions to make networking simple and affordable. With its fully integrated engineering capability and its state-of-the-art manufacturing facility, Sercomm offers comprehensive telecom broadband solutions such as small cells, residential/enterprise gateways, and IoT products, and is now a global leader in the industry. Headquartered in Taipei, Taiwan, Sercomm’s global operation network covers markets in North America, Europe, and the Asia Pacific region. Its customer base includes the world’s top service provider, networking OEM, and system integrators. For more information, please visit www.sercomm.com.

PR Newswire

CCTV+: Stories of Xi and his mother: a parent’s lifelong influence on her son

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BEIJING, May 14, 2023 /PRNewswire/ — For Chinese President Xi Jinping, his mother Qi Xin has set an outstanding example in many ways for her son and played a crucial role in shaping the values and priorities of a future leader of the country.

Qi, who was born in 1926, joined the Communist Party of China (CPC) in 1943 at the age of 17, becoming a staunch supporter of the Party’s values and beliefs.

“Parents and seniors should pass on good morals to their children when they are little, helping them build moral integrity and a sense of goodwill, so that they can grow into a person who can contribute to the country and the general public,” she once said.

Qi led a simple life, which became a tradition for the family. Despite many difficulties, she managed to balance taking care of the family and her work.

Xi has cherished a lifelong goal in his heart based on his memories of illustrated story books his mother bought him about Yue Fei, a legendary Chinese general who fought against invaders to protect his people during the Southern Song Dynasty (1127-1279).

Qi told Xi, who was then around five years old, how Yue Fei’s mother tattooed her son’s back with four Chinese characters “jing zhong bao guo”, which literally translates as “serve the country with the utmost loyalty,”, so that Yue would never forget the responsibilities placed on his shoulders.

Being a loyal and loving son, Xi used to chat and take a walk with his mother whenever he had time. But to Qi, the greatest display of filial love was Xi doing his best on his job and serving the people wholeheartedly.

Over the years, Xi’s political career has taken him from Shaanxi in the country’s northwest, to Hebei Province in the north, Fujian, Zhejiang and Shanghai in the east, and eventually Beijing. In all those places, his work and contributions have been fondly remembered and applauded by the local people.

For Xi, family and family traditions have become a solid foundation in the process of state administration. Many years later, he still remembers his mother’s wisdom and firmly follows his original aspirations that she helped shape.

Link: https://youtu.be/-akHTtQ25Ew

PR Newswire

WuKong Education Joins Asian American Authors to Celebrate AAPI Heritage Month by Matching Book Donations to US K-12 Schools

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MOUNTAIN VIEW, Calif., May 12, 2023 /PRNewswire/ — WuKong Education, a leading online education technology company with over 300,000 students worldwide, joins four Asian American authors to donate 1,500+ books to 100 US K-12 schools during Asian American and Pacific Islander (AAPI) Heritage Month. As WuKong Education marks its seventh anniversary, the brand launches additional offerings to showcase its diverse and inclusive values.

Among the many groups who were honoring AAPI Heritage Month in May, two groups of likeminded educators initiated book drives aiming to inspire children to see themselves as heroes.

From WuKong Education’s new headquarters in Silicon Valley, the team coordinated with rural schools in Asia to set up book corners for disadvantaged children. Since WuKong Education’s inception in 2016, the company’s online classes have expanded to 300,000 families in 118 countries with the focus of teaching Chinese as a second language. As the majority of WuKong students’ families share a common root in Asia, rural schools in Indonesia and Thailand were chosen to host reading corners with hundreds of new books.

Meanwhile, in New York, Massachusetts, and Washington State, four Asian American authors, Yobe Qiu, Serena Li, Vincent Yee, and Tracy Guan met over Zoom to plan the “Asian American Books, Everywhere All at Once” book drive. Inspired by the Oscar-winning movie “Everything Everywhere All at Once,” the authors’ goal was to send 500 books to 25 schools in the US. This is crucial, as less than 15% of books published feature an AAPI character.

Rebecca Deng, Head of Marketing for North America at WuKong Education, saw both great causes. “We wanted to do something to make it even bigger and better. I knew more schools would love to receive AAPI books,” said Deng, who is a mother of two. With WuKong Education’s matched donation, 1,500+ books will be donated to 100 schools during AAPI Heritage Month.

In addition, WuKong Education will support the Disney+ series “American Born Chinese,” starring Daniel Wu who plays Sun Wukong. During the series’ release in May, WuKong Education will give away Disney+ annual memberships to lucky WuKong students, allowing more children to see themselves as heroes in mainstream media. These activities demonstrate WuKong Education’s values and social responsibility to the AAPI community, as well as provide all students with richer learning and cultural experiences.

Founded in New Zealand in 2016, WuKong Education was one of the first companies to enter the Chinese language online education field. In 2021, the company launched WuKong Math to help improve young learners’ logical thinking, problem solving, and comprehensive mathematical abilities. As part of its seventh anniversary, WuKong Education plans to launch English Language Arts classes, as requested by its students, 88% of whom speak English as their first language. This summer, students will be able to take WuKong Chinese, WuKong Math, and WuKong English with WuKong’s network of 3,000+ teachers.

PR Newswire

HUAWEI AppGallery announced perks and rewards exclusively for its users

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SINGAPORE, May 8, 2023 /PRNewswire/ — HUAWEI AppGallery, one of the world’s leading app marketplaces, announced a new promotion exclusively for its users. Users can use their vouchers to offset the cost of their next in-app purchase, making it an attractive deal for avid gamers.

From now until the end of this year, AppGallery users can enjoy an instant 10% rebate for every in-app purchase made in any of their favourite games downloaded from the platform.

The reward is available to current AppGallery users, as well as Android and new Huawei mobile users who download games on AppGallery platform this year. This promotion is part of AppGallery’s commitment to providing its users with the best gaming experiences. 

“Besides expanding our offering of games on AppGallery, we also want to ensure gamers get the most of their experience on the platform. In-app purchases are an important part of the gaming experience, and we want to make sure that our users are getting the best possible value. With rebates, players can enjoy their favourite games while also enjoy savings,” said Rei Xiao, Director of Mobile Ecosystem Business Growth, Huawei APAC Region.

AppGallery offers a ready stream of blockbuster games and is constantly adding new titles to the platform. Some of the most popular games include Ragnarok X: Next Generation, Mobile Legends: Bang Bang, MIR4, State of Survival: Zombie War,  Fishdom and PUBG Mobile, as well as newly launched game Epic Seven. Coupled with the powerful specs of the HUAWEI Mate 50 and HUAWEI P50 Series, such as HUAWEI FullView Display, refresh rate up to 120Hz and App Assistant an app for hassle free gaming experience, mobile players can now take their gaming experience to the next level. 

For those who are itching to try out a new gaming experience but yet yearn for classical adventures, Ragnarok Origin is now available on HUAWEI AppGallery. Ragnarok Origin is a cross-platform, re-envisioning of the classic MMORPG Ragnarok Online, featuring improved graphics, more intense combat and refreshed and redesigned quests. Players will once more venture into the magical realm of Midgard as a highly customisable adventurer, freely exploring, fighting hordes of monsters and socialising with players. Explore, trade, fight and immerse yourself in a whole new world.

Download the game here: bit.ly/3KQo9qv

Redeem your vouchers now

Whether you’re a casual or a hardcore gamer, redeeming the prize is a breeze with three easy steps: 

  • Step 1: Top up on any game items from your favourite games.
  • Step 2: Select the applicable payment method to complete the transaction. 
  • Step 3: The rebate will be automatically credited to your account.

*Terms and conditions apply.

Log on to our event page for more details and to understand the terms and conditions here: http://bit.ly/42jozfy

Join the tribe: Android users can now enjoy the exclusive rewards

All Android users can now download AppGallery on their smartphones to start enjoying the content and perks it has to offer. With its easy-to-use interface, a wide range of apps, games and exclusive benefits, AppGallery is the perfect app store for everyone. 

Downloading AppGallery is simple:

1.  Go to this download link and click on “Install” to have AppGallery on your Android device.

2.  Download HMS core and click on “Install”.

3.  Create a HUAWEI ID and log in.

4.  Start downloading apps and games and enjoy AppGallery exclusive benefits and rewards.

Download AppGallery now: http://bit.ly/43aROC2

Visit our Discord channel to be up to date on exclusive AppGallery deals and promotions or to chat with other AppGallery users. Join us here: https://discord.gg/EC3Z2x8Au7

About HUAWEI AppGallery 

AppGallery is the official app market on Huawei smartphones, featuring curated apps across a wide range of categories including games, education, lifestyle, and fashion. It is ranked as the top 3 app marketplace worldwide, with more than 580 million active users each month. In addition, AppGallery users get access to a wide range of exclusive giveaways, rebates, coupons and VIP privileges.  

Follow the official social media accounts for more info:

Facebook: https://www.facebook.com/HuaweiMobileServicesAPAC
YouTube: https://www.youtube.com/@HuaweiMobileServicesAPAC

PR Newswire

Straive Appoints Ankor Rai as Chief Executive Officer

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SINGAPORE, May 3, 2023 /PRNewswire/ — Straive, a leader in delivering technology-driven data/AI solutions for EdTech, Research, and Information Services to leading global organizations, today announced the appointment of Ankor Rai, an experienced data technology leader, as its Chief Executive Officer. Straive is owned by BPEA EQT, part of EQT Group, a purpose-driven global investment organization focused on active ownership strategies.

Ankor succeeds Ratan Datta, who led Straive for over a decade, with the last seven years as President and CEO. Effective May 1, Ratan will assume the role of Vice Chairman to support the transition to Ankor and will continue to be a member of Straive’s board of directors.

Ankor joins Straive from EXL, where he was a member of the Executive Committee and served as Executive Vice President and Chief Digital Officer. Over 20+ years, Ankor has led the growth of high-value data-led tech businesses by developing high-impact solutions for Fortune 1000 companies across North America, the UK, and Asia. Ankor helped grow EXL’s Analytics business from a niche analytics practice into a full-stack analytics powerhouse. Before that, he was a partner at Inductis, one of the original pioneers of data and analytics in the industry.

“Over the last 15 years, Ratan has greatly influenced the company’s growth and diversification. The transformation he has brought in the company’s strategy and structure leaves Straive positioned well for the future. On behalf of our Board of Directors, I would like to thank Ratan for his exceptional leadership at Straive. Ankor brings an outstanding track record of building customer-centric data, analytics, and AI businesses to service clients across sectors and geographies. I am excited to welcome Ankor to the firm, and I look forward to working with Ankor, complemented by our talented leadership team, to take Straive to new heights,” said Josh Blair, Chairman of the Board.

“I am very excited about the market opportunity for Straive. Today, we help our clients create new data, insights, and knowledge and integrate that into complex digital workflows for learning and education, scientific research, and other business operations. As our clients address new opportunities around data, analytics, AI, and digital technologies, Straive’s capabilities are critical to executing such complex transformations seamlessly,” said Ankor Rai.

“We are thrilled to have Ankor join Straive as the Chief Executive Officer. His experience in building data analytics and AI business at scale, combined with the experience of integrating such next-gen capabilities into redesigned human-in-loop operations, is critical for our clients today. We look forward to Ankor deepening our relationship with our clients by adding even more value to their businesses,” said Hari Gopalakrishnan, Partner, BPEA EQT.

About Straive (erstwhile SPi Global)

Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains, such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in seven countries: Singapore (headquarters), India, Philippines, USA, Nicaragua, Vietnam, and the UK.

PR Newswire

The Sixth Digital China Summit Opens in Fuzhou, Fujian

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FUZHOU, China, April 29, 2023 /PRNewswire/ — The 6th Digital China Summit took place in the city of Fuzhou in East China’s Fujian province on April 27, 2023. The event is co-hosted by the Cyberspace Administration of China, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council and the Fujian Provincial People’s Government.

A Glance at the 6th Digital China Summit
A Glance at the 6th Digital China Summit

Themed “Accelerating Digital China Construction and Promoting Chinese Modernization”, the summit of this year will focus on the latest achievements and best practices of digital China, and share development experiences, according to the Organizing Committee. The program of the summit includes the opening ceremony, the main forum and 20 sub-forums, highlighting on various topics such as digital silk road, data resources, digital government and smart energy. The summit will also host the Digital China Achievement Exhibition, the Digital Product Expo, the Digital China Innovation Contest, and a series of special events such as the Cloud Ecosystem Conference and the Artificial Intelligence Ecosystem Conference, aiming at further promoting the collaborative innovation and common development of the eco-chain in key industries.

The Digital China Summit has been successfully held in Fuzhou for five consecutive years. Over the past five sessions, the Summit has released nearly 100 major national policies and key reports, invited almost 1,500 exhibitors, held nearly 150 forums and seminars, and witnessed more than 1,300 experts and scholars delivering keynote speeches. At the same time, the Summit has organized almost 100 negotiations, facilitating the contract signing and the implementation of 1,976 digital economy projects with a total investment of nearly RMB 1.4 trillion.

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=440482

   Caption: A Glance at the 6th Digital China Summit

PR Newswire

CITD to Empower Smart Citi Teknologi with Cutting-Edge Technology for Revolutionizing Smart Cities Solutions in Asia Pacific Region

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HONG KONG, April 25, 2023 /PRNewswire/ — China Information Technology Development Limited (CITD) and Smart Citi Teknologi are strategically collaborating on developing mutually beneficial Smart Cities Solutions for the Asia Pacific region.

CITD is a company primarily engaged in the development of advanced artificial intelligence (“AI”) technologies and software while Smart Citi Teknologi is a Philippines-based Tech Company specialized in the development and integration of technologies into Smart Cities Solutions. 

Through the collaboration CITD will provide Smart Citi Teknologi access to its advanced AI and software solutions, enabling the development of innovative Smart Cities Solutions for managing extreme weather, pedestrian traffic, and public transportation.  CITD will also collaborate with Smart Citi Teknologi to promote the usage of autostereoscopic 3D technologies and development of 3D ecosystems within the Smart Cities.  These 3D ecosystems may include initiatives like 3D content generation, 2D-to-3D media conversion via AI as well as the adoption of 3D displays within the Smart Cities.   Furthermore, both companies will contribute their proprietary technologies to create new services for their respective markets.

Daniel Wong, CEO of CITD, expressing his excitement for the strategic collaboration with Smart Citi Teknologi, said, “The collaboration presents a great opportunity for both companies to work together.  We are committed to advancing the development of our artificial intelligence (AI) technologies and software.  The collaboration between CITD and Smart Citi Teknologi signifies a major step towards this objective, and we are very privileged to be able to have such an outstanding working partner.”

Mario Marcos, President and Founder of Smart Citi Teknologi, added, “The cooperation is expected to create a significant impact in the Philippines and the region.  Through this collaboration, Smart Citi Teknologi will be able to leverage CITD’s cutting-edge technology to greatly enhance our Smart Cities Solutions.  Ultimately, I am confident that the joint efforts of both companies will benefit communities across the region, transforming the way people live, work and play in Smart Cities

For more information about CITD, please visit www.CITD.com.hk.  For more information about Smart Citi Teknologi, please visit https://smartcititeknologi.com.

For media inquiries, please contact:

China Information Technology Development Limited
Email: info@citd.com.hk

Smart Citi Teknologi
Email: info@smartcititeknologi.com

PR Newswire

Quhuo Announces Partnership to Utilize Search Giant Baidu’s Recently Unveiled AI-Powered ERNIE Bot

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BEIJING, April 24, 2023 /PRNewswire/ — Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform focusing on local life services in China, announced a partnership with Baidu on April 24 to gain access to their recently unveiled ERNIE Bot, a new-generation large language model (LLM). Quhuo will soon have full access to the massive capabilities of ERNIE Bot, which can interpret human languages and deliver accurate, logical, and fluent responses almost on a par with humans. This strategic collaboration marks Quhuo’s commitment to harnessing cutting-edge AI technology that can empower multiple business scenarios including front, middle, and back-office functions, while continuing to innovate based on its existing technology solutions.

ERNIE Bot is a generative AI product introduced by Baidu based on its Big model ERNIE family. The company has been developing its artificial intelligence capabilities for over ten years and has developed an industrial-grade, knowledge-enhanced Big Model ERNIE with cross-modal and cross-linguistic deep semantic understanding and generation capabilities, designed to facilitate intelligent transformations across various industries such as finance, energy, media, and public affairs.

Mr. Pan Fan, CTO of Quhuo, commented, “In recent years, the rapid development of technologies such as deep learning and natural language processing has enabled AI technology to be widely used in many fields. As CTO, it is imperative to keep up with the development of AI technology and through this cooperation with Baidu’s ERNIE Bot, we expect to be better positioned to apply AI technology to process a large amount of data and information that previously required manual processing, improve the intelligence and automation of our business, and provide multi-product support. We will continue to closely follow the development of AI and explore more application scenarios to enhance momentum and opportunities for Quhuo’s development.”

Powering up Quhuo’s products, front- and back-end business functions with ERNIE Bot

By implementing Baidu’s ERNIE Bot, Quhuo+ and SaaS technology, Quhuo will be better placed to serve and empower localized life service providers in China. Through this cooperation, Quhuo will access ERNIE Bot’s semantic computing technology and intelligent dialogue engine to improve front-end business efficiency by providing personalized assistants to complete tasks that previously required manual input thereby providing customers with a more intelligent service experience. Specifically, Quhuo will utilize ERNIE Bot’s memory mechanisms, contextual understanding, and dialogue planning abilities to improve the customer service level of its front-end Chengtu homestay business by connecting with customers in a timely manner to solve issues they may have.

Quhuo will also use artificial intelligence to support middle and back-end business functions, including business review support, data support and predictive analysis. The Company will empower administrative departments to improve the efficiency of their routine work, complete data and report generation, preparation and review, as well as low-code generation and development of middle and back-end systems.

By integrating the capability of ERNIE Bot into Quhuo’s products, more personalized services can be provided, while simultaneously bringing users a more efficient and convenient experience. The application of AI technology is expected to help Quhuo to process a large amount of data and information and provide accurate analysis and prediction, realize business automation and intelligence, and improve efficiency and effectiveness.

Leslie Yu, Quhuo CEO said, “Technology optimizes efficiency. It is crystal clear to us that AI technology is integral to Quhuo’s future development hence we have already been testing AI technology for online communication with workers and operations to improve communication efficiency. In this context, we firmly believe the introduction of Baidu’s ERNIE Bot will further enhance Quhuo’s technical capability to realize multi-scenario business intelligence. We expect that the addition of ERNIE Bot will complement and remold Quhuo’s technology in the future.”

About Quhuo Limited

Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”) is a leading gig economy platform focusing on local life services in China. Leveraging Quhuo+, its proprietary technology infrastructure, Quhuo is dedicated to empowering and linking workers and local life service providers and providing end-to-end operation solutions for the life service market. The Company currently provides multiple industry-tailored operational solutions, primarily including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services, meeting the living needs of hundreds of millions of families in the communities.

With the vision of promoting employment, stabilizing income and empowering entrepreneurship, Quhuo explores multiple scenarios to promote employment of workers, provides, among others, safety and security and vocational training to protect workers, and helps workers plan their career development paths to realize their self-worth.

Safe Harbor Statements

This press release contains ”forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding Quhuo’s business development, financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on Quhuo’s current expectations and involve risks and uncertainties. Quhuo’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties related to Quhuo’s abilities to (1) manage its growth and expand its operations, (2) address any or all of the risks and challenges in the future in light of its limited operating history and evolving business portfolios, (3) remain in its competitive position in the on-demand food delivery market or further diversify its solution offerings and customer portfolio, (4) maintain relationships with major customers and to find replacement customers on commercially desirable terms or in a timely manner or at all, (5) maintain relationships with existing industry customers or attract new customers, (6) attract, retain and manage workers on its platform, and (7) maintain its market shares in relation to competitors in existing markets and its success in expansion into new markets, as well as the length and severity of the development of COVID-19 pandemic and its impact on Quhuo’s business and industry. Other risks and uncertainties are included under the caption “Risk Factors” and elsewhere in the Company’s filings with the Securities and Exchange Commission, including, without limitation, the final prospectus related to the IPO filed with the SEC on July 10, 2020 and the Company’s latest annual report on Form 20-F. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Quhuo undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

PR Newswire

Collaboratively Developing Transmission, Computing, and Storage Power to Stride Towards the Intelligent World

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SHENZHEN, China, April 23, 2023 /PRNewswire/ — On April 20th, Huawei held the Striding Towards the Intelligent World Session at Global Analyst Summit 2023. Peng Song, Huawei’s President of ICT Strategy & Marketing, delivered the keynote speech titled Striding Towards the Intelligent World Through Continuous Innovation. The session attracted analysts, experts, scholars, and journalists from around the world.

Peng Song giving a keynote speech
Peng Song giving a keynote speech

In his speech, Peng pointed out that the digital economy is becoming a main driver of global economic growth, and that digital technologies are being applied in diverse production scenarios across a wide range of industries. This makes data a new factor of production, and is driving significant leaps in social productivity. Peng said that as digital infrastructure is critical for the success of the digital economy, Huawei is committed to collaboratively developing transmission, computing, and storage power to improve the efficiency of data collection, transmission, computing, storage, and analysis, in order to improve digital productivity and boost the digital economy.

Peng also talked about how Huawei is working to build leading digital infrastructure. First, Huawei is building leading transmission facilities supported by the more advanced 5.5G, F5.5G, and Net5.5G technologies, in order to support IoT services that connect hundreds of billions of things and deliver a 10 Gbps user experience. Second, Huawei is continuing to develop solid computing infrastructure to facilitate breakthroughs in diverse computing fields, such as general-purpose computing and AI computing. Third, Huawei is building reliable storage facilities to ensure more data can be stored, quickly transmitted, and efficiently used. “Moving forward, we will continue innovating to help customers build leading digital infrastructure, accelerating our journey towards the intelligent world,” said Peng.

Wang Zhiqin, Vice President of the China Academy of Information and Communications Technology (CAICT), introduced the ICT industry’s top 10 trends in 2023. Sun Zhengyun, Vice President and Secretary-General of the China Energy Research Society, talked about how power grid enterprises can go digital to support China’s carbon peak and carbon neutrality strategy.Li Fuchang, Director of the Wireless Technology Research Center of China Unicom Research Institute, shared updates on China Unicom’s recent research and exploration into 5.5G. Feng Dan, Changjiang Distinguished Professor and Dean of the School of Computer Science and Technology at Huazhong University of Science and Technology, talked about the development trends of diskless data center architecture and near-data processing.

PR Newswire

GA technologies group saved up to 11.77 million pieces of paper in the past year by pushing the progress of digital transformation actively

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TOKYO, April 23, 2023 /PRNewswire/ — GA technologies Co.,Ltd. （Headquarters: Minato-Ku, Tokyo; CEO: Ryo Higuchi, securities code: 3491; hereinafter referred to as the Company）announced that the Company has successfully reduced the use of 11.77 million pieces of paper in the past year (April 1st, 2022~ March 31st, 2023) （※1）along with the celebration of Earth day this year（※2）. GA technologies group has been working hard on pushing the digital transformation throughout its workflow as well as for the whole real estate industry in Japan, and as a company that cares about the environment. We also committed ourselves to the goals of sustainability through our daily work. To contribute to the protection of the Earth and its resources is one of our goals. 

【Key Highlights】

  • GA technologies group saved up to 11.77 million pieces of paper（※2） in the past year by pushing the progress of digital transformation actively 
  • Along with the enactment of the revisions of laws regarding the digital transformation of contract system in May 2022 announced by Japanese government; The amount of paper saved during our workflow has increased 48% compared to last year. 
  • The electronictization of applications as well as the digital transformation movement taking place in the real estate industry of Japan is speeding up

（※1）Earth Day (4/22)  is a holiday for the purpose of celebrating how humans can take actions to protect our environment and the progress that have been made（ https://www.earthday.org/earth-day-2023/)
（※2）The number has been calculated based on the corporations those installed our SaaS and the number of pieces of paper they saved by moving the workflow online

GA technologies group saved up to 11.77 million pieces of paper in the past year by pushing the progress of digital transformation actively
GA technologies group saved up to 11.77 million pieces of paper in the past year by pushing the progress of digital transformation actively

Our business value is “Bringing an impression through our service to people and creating a world-leading company by the power of technology & innovation”. GA technologies is committed to such a mission and  the values of sustainability, and is achieving such goals through our work. By providing BtoB SaaS products to both management companies and real estate brokers in Japan, we are able to facilitate the process of digital transformation of the industry in Japan, making the workflow more efficient and tech-smart.

A good News that is helping push the digital transformation of the Japanese real estate industry is the enactment of the revisions regarding the real estate laws of Japan in May 2022. Along with the enactment of the laws, all steps regarding a real estate transaction are able to be completed online without the involvement of paper documents nor actual seal signatures. With the strategies we have been taking in our business,  we are able to reduce the use of paper significantly. It is a 48% increase compared to last year,  which is 11.77 million pieces of paper saved for this year. 

We are planning to bring technology into other fields besides real estate in the future. We want to solve not only the issue of the scarce resources of the earth’s resources but all kinds of issues exist in this world. 

About GA group’s businesses and examples

1.  About “RENOSY Online Real Estate Marketplace Business”

“RENOSY ” is an online real estate service platform provided by GA technologies that incorporates AI and other cutting-edge technology into its service. It is a one-stop online platform that walks through the entire process of a real estate transaction with the users. Starting from information research to the aftercare after purchasing, RENOSY makes real estate investment easier for our customers. What is more, we have been putting more effort on the acceleration of the digital transformation of the selling step, which allows a total online transaction to be realized. 

RENOSY official website: https://www.renosy.com/

2. BtoB SaaS: “Online application reception” system + “Electronic contract” system

We provide BtoB SaaS to both management companies and real estate agencies in Japan developed by our in-house engineering team. Along with the revisions of the real estate laws in Japan which speeds up the digitalization of the real estate transaction process. Thanks to that, the in-house developed online application package provided by ITANDI has contracted successfully with about 500 companies in the industry in Japan in the past 7 months（By Janurary, 2023）. We are doing the best we could to contribute to the paper free movement in the real estate industry in Japan. 

Online application reception system: https://lp.itandibb.com/moushikomi-uketsuke/ 

Electronic contract system: https://lp.itandibb.com/denshi-keiyaku/

3. Rental management services that reduce the burden on tenants and owners by digitizing occupancy management 

RENOSY provides a range of services to both renters and property owners about real estate as a one-stop solution corporation. It is working on the digitization of all kinds of administration processes and procedures, starting from real estate contracts, procedures on both tenants’ and owners’ sides, procedures on both management companies’ and real estate agencies’ sides etc. .

Service website: https://www.renosy.com/asset/service/management

4. Shenjumiausuan: The biggest online platform with Japanese properties listings in the Chinese cultural regions（※3）

GA technologies group also owns an online platform targeting overseas investors mainly living in Mainland China, Hong Kong, and Taiwan who are interested in Japanese real estate. The website is the biggest Japanese properties listings website in Mainland China with approximately 4.5 million times of page views, approximately 1.1 million of unique users visits in 2022. It is a service that receives attention from Chinese investors that facilitates the borderless trades between Japan and other countries. It also facilitates the online transformation of real estate companies in Japan. 

Service website: https://www.shenjumiaosuan.com/ 

（※3）Researched by “Shenjumiausuan”

5. Modern Standard: Luxury real estate service 

 “Modern Standard ” is a service that targets the wealthy class in Japan and provides luxury real estate properties for both rental and selling purposes. It has about 12,500 listings on the website. It is a popular website among investors in Japan. Currently, Modern Standard is speeding its process of digital transformation focusing on the rental property sector. 

Service website: https://www.m-standard.co.jp/

Our progress on contributing to the goals of sustainability 

GA technologies is committed to the following 6 aspects extended from sustainability values: “Care for the environment”, “Contribute to the development of sustainable cities and communities”, “Create a save and trustworthy transaction environment”, “Create a motivated work environment”, “Giving back to the society through sports”, and “Strengthen governance , regulatory compliance”. We are announcing the progress we have made on paper free movement  by the digitalization strategies we have taken, along with the celebration of “Earth Day” on April 22 this year as usual. This is also a regular action we take to celebrate the holiday as a citizen on this plant. 

About how GA technologies sustainability goals commitment: https://www.ga-tech.co.jp/sustainability/

About GA technologies Co.,Ltd

Company name: GA technologies Co.,Ltd. 

Representative: Ryo Higuchi

Webite link: https://www.ga-tech.co.jp/

Headquarter: 40F of Sumitomo real estate Roppongi Grand Tower, Roppongi 3-2-1, Minato-Ku, Tokyo

Year of founding: March, 2013

Capital fund: 7,243,894,458 yen（By Janurary 2023）

Services provided: 

  • Internet real estate marketplace business: RENOSY
  • BtoB PropTech SaaS development
    Group partners: GA technologies group: ITANDI, RENOSY PLUS, Shenjumiausuan and 12 other group companies

Award History:

  • 2020 ~ 2022: Selected as one of the fast-growing enterprise in  “FT 1000: High-Growth Companies Asia-Pacific” award ; Launch by Financial Times and Statista
  • 2022: Ranked in as No. 23 in the “FT 1000: High-Growth Companies Asia-Pacific” award; Launch by Financial Times and Statista 
  • 2020 ~ 2022: Selected for 3 years consecutively for “Asia Digital Transformation” recognition; Launch by Japan’s Ministry of Economy, Trade and Industry and Tokyo Stock Exchange (Japan Exchange Group)
  • 2020~2022: “No.1 Sales performance in the national pre-owned real estate properties sector” researched conducted by Tokyo Shoko Research Ltd
  • 2020 ~ 2021: Selected as best workplaces (middle size corporations) in the Japanese version of “Great Place To Work” Certification; launch by Great Place To Work ® Institute Japan

Judy Yu
y_yu@ga-tech.co.jp
+81-3-6230-9180 

Source: GA technologies Co., Ltd.