Tag Archives: ITE

ZOLOZ ranked among Top 100 RiskTech Providers in the 2023 Chartis RiskTech100® Annual Report

SINGAPORE, Nov. 24, 2022 /PRNewswire/ — ZOLOZ, a global leading technology service provider of AI-powered Digital Identity Verification Solution, has been recognized by Chartis Research as one of the top 100 RiskTech providers in the world. 

RiskTech100® is acknowledged as the most comprehensive independent study of the world’s major players in risk and compliance technology. Rankings are based on classifications including functionality, core technology, strategy, customer satisfaction, market presence and innovation, and focus on solutions, industry segments and success factors.

“Zoloz is a strong new entrant to the RiskTech100 this year, on the back of a complete KYC solution and APAC geographic focus,” said Phil Mackenzie, Research Principal at Chartis. “Part of the strength of its solution is based on the effective use of technologies such as explainable AI and penetration attack detection, which will help to secure its place in the market.”

“With our innovative technologies and deep industry insights, ZOLOZ helped more than 70 partners in more than 14 countries and regions including China, Indonesia, Malaysia, and the Philippines in their digital transformation journeys, providing security, assurance and trusted solutions,” said Yuan Yuan (Ida), Business Director of ZOLOZ.

Major e-wallet operators and financial institutions including GCash in the Philippines, TnGD and Maybank in Malaysia, Dana in Indonesia, TrueMoney in Thailand, and Mandiri Bank in Indonesia, use ZOLOZ’s e-KYC (electronic Know-Your-Customer) solutions. The adoption of ZOLOZ’s e-KYC solutions helps clients reduce end user authentication time from days to around three minutes, while improving the authentication success rate from 65% to above 90%.

To read the entire report, click here.

About ZOLOZ

ZOLOZ is a global leading technology service provider of AI-powered Digital Identity Verification Solution. ZOLOZ is committed to supporting clients to make trust simple throughout the full circle of serving end users, from remote account opening to on-going transaction protection. ZOLOZ’s world leading digital identity products, powered by proprietary anti-spoofing algorithms, have been widely used by financial institutions to meet compliance requirements including KYC and AML, as well as detect transactional anomalies and precent fraud. ZOLOZ is in compliance with key industry standards, including PCI-DSS, ISO27001, and ISO27701.In 2022, ZOLOZ completed the Service Organization Control (SOC) 2 Type II audit process, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

To learn more, please visit: https://www.zoloz.com/

TECNO’s Push for Premium Webinar Teased New Flagship PHANTOM X2 Series Powered by MediaTek’s Dimensity 9000 5G Chip

LONDON, Nov. 23, 2022 /PRNewswire/ — TECNO, a global innovative technology brand with operations in over 70 markets globally, today announced its latest premium smartphone series- PHANTOM X2 series will be equipped with the advanced MediaTek Dimensity 9000 5G chip and groundbreaking camera innovations during the Webinar The Push Towards Premium: Changing Smartphone Preferences and the Technology Behind Them held on Nov 22, 2022.

The webinar provides a platform for influential industry leaders to discuss the drivers and forces influencing the growing global demand for more premium smartphone technologies. During the webinar, TECNO also announced that its high-end sub-brand, PHANTOM, will launch a next-generation, pioneering smartphone series, PHANTOM X2 series, in December.

A premium chip is a key factor in the overall performance of high-end smartphones. The PHANTOM X2 Series will be powered by MediaTek’s flagship Dimensity 9000 5G chip, the world’s first TSMC 4nm 5G mobile SoC. With cutting-edge 4nm craftsmanship, it provides the strongest performance, the most advanced power efficiency, and an incredibly smooth user experience with an AnTuTu Benchmark score above 1,000,000+.

In terms of upgraded imaging performance, smartphones equipped with MediaTek’s Dimensity 9000 5G chip create a fluent creative experience with multi-exposure and complex HDR shooting modes, effortlessly capturing greater levels of light and shade in photos and videos, even in indoor or low-light conditions. The chip also provides amazing dynamic snapshot effects to improve the video experience. It gives the first opportunity to capture HDR video on three cameras simultaneously and features the 7th generation Imagiq 790 ISP with the capacity to process up to 9-billion-pixels per second, elevating the smartphone’s capabilities for remarkable videography and photography performance. 

The new PHANTOM X2 Series will be powered by MediaTek’s Dimensity 9000 5G Chip
The new PHANTOM X2 Series will be powered by MediaTek’s Dimensity 9000 5G Chip

“MediaTek is elevating mobile computing by launching the latest and most cutting-edge flagship chipsets. This features MediaTek Dimensity 9000 5G, the world’s first TSMC 4nm 5G mobile SoC, promising increased performance and power efficiency.” said Anku Jain, Managing Director of MediaTek India.

Jack Guo, General Manager of TECNO shared: “With the incredible power of MediaTek’s Dimensity 9000 flagship 5G chip, we will deliver an unprecedented smartphone experience to our global audience. This marks another milestone on our journey, further strengthening our emergence as a prime contender in the competitive premium smartphone market.”

The exciting cooperation between TECNO and MediaTek is built on a shared commitment to pursuing creative technological innovation that brings new experiences to consumers around the world. MediaTek’s outstanding Dimensity 9000 5G chip delivers incredible premium performance which will enhance all aspects of the PHANTOM X2 Series experience, from display, gaming, connectivity to imaging, especially in night photography and portrait imaging.

The newly designed all-round flagship PHANXOM X2 Series will be officially released in Dubai on December 7. The series will provide global consumers with the best of PHANTOM’s trailblazing innovation alongside a remarkable premium smartphone user experience.

About PHANTOM

PHANTOM is a premium technology sub-brand of TECNO. Born in response to the growing global demand for high-end smart products, PHANTOM creates premium, stylish, bold devices that stand at the vanguard of innovation. As a pioneering international technology brand, PHANTOM empowers consumers to become creators, enhances business and entertainment, and encourages new ways of thinking and doing with a spirit of modern individuality. Infused with the brand’s signature flare, PHANTOM’s products are a source of inspiration for its audiences to be the leaders of change, to seek the extraordinary in their everyday lives and to elevate every experience to an unforgettable moment. To learn more about PHANTOM, please visit www.mobile-phantom.com

China Matters releases a short video “11 Reasons Why I’ve Fallen in Love with Beijing” to tell an American vlogger’s view


BEIJING, Nov. 23, 2022 /PRNewswire/ — From rich culture and history to convenient and enriched lifestyle, Beijing is an attractive place in the view of BeeRose who is from the U.S. and has been living in China for three years. In this video, she shares 11 reasons that make her love staying in Beijing.

Beijing is one of the four great ancient capitals of China with a history of over 3000 years. The Beijing government has also been making great efforts to preserve historical landmarks and cultural heritage which provide visitors with a flavour of its unique culture.

In this video, BeeRose is also impressed by Beijing’s rapid technological advances and convenient modern lifestyle. From tiny street vendors to big brands, a huge number of businesses in Beijing accept mobile payments.

“You have a little bar code that comes up. You scan it. Or you scan someone else’s bar code and you pay for it. Done! So easy! So simple! So cool!” said BeeRose.

Beijing is also a global city with food and goods from across the world, which makes BeeRose feel at home. Moreover, she also met her love of life in Beijing and formed a family.

“I was looking for my one in a million in the United States but actually, I found my one in a billion in China,” said BeeRose.

Contact: Jane Cheng
Tel:+8610-68996566
E-mail:1163514639@qq.com

Video – https://youtu.be/ElkYDSjhqFo

Pop Culture Group Co., Ltd Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

XIAMEN, China, Nov. 22, 2022 /PRNewswire/ — Pop Culture Group Co., Ltd (“Pop Culture” or the “Company”) (Nasdaq: CPOP), a hip-hop culture company headquartered in China, received notification (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”), dated November 17, 2022, that the Company is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on The Nasdaq Global Market (the “Nasdaq Global Market”). The Notification Letter is only a notification of deficiency and not a notice of delisting.

Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s Class A ordinary shares for the 30 consecutive business days from October 6, 2022 to November 16, 2022, the Company no longer meets the minimum bid price requirement.

The Notification Letter does not impact the Company’s listing on the Nasdaq Global Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 16, 2023, to regain compliance with Nasdaq Listing Rule 5450(a)(1). To regain compliance, the Company’s Class A ordinary shares must have a closing bid price of at least US$1.00 for a minimum for 10 consecutive business days. In the event the Company does not regain compliance by May 16, 2023, the Company may be eligible for additional time to regain compliance or may face delisting.

The Company’s business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its Class A ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding Class A ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

About Pop Culture Group Co., Ltd

Headquartered in Xiamen, China, Pop Culture Group Co., Ltd is a hip-hop culture company. The Company aims to promote hip-hop culture and its values, and to promote cultural exchanges with respect to hip-hop between the United States and China. With the values of hip-hop culture at its core and the younger generation as its primary target audience, the Company hosts entertainment events, operates hip-hop related online programs, and provides event planning and execution services and brand promotion services to corporate clients. The Company has in recent years focused on developing and hosting its own hip-hop events. For more information, visit the Company’s website at http://ir.cpop.cn/.

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact that may have on the Company’s operations and the demand for the Company’s services, and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and its other filings with the SEC. 

For more information, please contact:

Pop Culture Group Co., Ltd
Investor Relations Department
Email: ir@cpop.cn

Ascent Investors Relations LLC

Tina Xiao 
President
Phone: 917-609-0333
Email: tina.xiao@ascent-ir.com   

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Everise Guatemala Celebrates 10 Years of Delivering Excellent Customer Experience


Today, its 3,800-strong champion workforce and operations power 450,000 daily customer interactions for leading healthcare, travel and logistics companies

GUATEMALA CITY, Nov. 19, 2022 /PRNewswire/ — Everise Guatemala celebrated their 10th year anniversary today, marking a decade since its contact center was established in 2012. Today, the company has created over 3,800 jobs in the Guatemalan community and conducts over 450,000 customer interactions on a daily basis for leading businesses.

Everise, one of the fastest growing healthcare services outsourcing companies in the world, was founded in 2016. Since then, the business accelerated its growth and transformation, evolving from a mid-sized BPO operation into a leading healthcare services company with a global footprint.

Over the years, the business has established a strong presence rooted in making a positive impact on the Guatemalan community. Everise Guatemala provides omnichannel and wide-ranging customer experience support with end-to-end healthcare capabilities and counts some of the world’s leading healthcare and logistics brands amongst its clientele. The company has been able to grow its customer champion talent team over 10x since inception, by maintaining a consistently strong reputation as an employer of choice and robust talent management, referral and rewards programs.

Everise Guatemala was recognized for its strong COVID-19 response, and for being one of the fastest outsourcing businesses to prioritize employee safety and wellbeing by pivoting to a work-from-home arrangement. As early as 22nd March, the company was able to seamlessly transition its employees to work from home with minimal service disruption and the highest standards of security. Everise retained its employees with no layoffs throughout the pandemic, instead growing the company exponentially by winning new business and expanding its team.

The company celebrated with a 10th anniversary event held at its Avenida Hincapie site, officiated by government officials, Guillermo Montano, president of Agexport, as well as Jeremy Jepperson, Chief Operating Officer of Everise, and Sheena Ponnappan, Chief People Officer of Everise. The celebrations included an opening ceremony and press conference.

“Everise is proud to commemorate our stellar growth over 10 years in Guatemala. With the support of our trusted clients and partners and the local government, we have been able to grow the company from strength to strength and generate a positive impact on the community through job creation and community empowerment. We look forward to many more years of delivering transformational customer experience to the world’s leading brands,” shared Sudhir Agarwal, Founder & Chief Executive Officer of Everise.

“Everise’s evolution into a leading healthcare services company has only been possible with taking a people-focused approach towards growth. By keeping people at the heart of everything we do, we have been able to scale while attracting and retaining some of the best talent to join us in one of the best cultures and workplaces to work in,” shared Sheena Ponnappan, Chief People Officer of Everise.

Today, Everise enjoys the highest Glassdoor and Indeed ratings in the outsourcing industry in Guatemala – 4.8 out of 5 stars on Glassdoor, and 4.4 stars on Indeed. Everise has also won multiple awards for its industry-leading culture, including being named one of Newsweek’s 100 Most Loved Workplaces in America for two consecutive years in 2021 and 2022, and bagging the Gold Stevie Award for Employer of the Year — Consumer Services in 2022.

Everise Guatemala Timeline & Key Milestones

  • 2012: Established as part of prior business operations with a pilot group of 25 people.
  • 2014-2015: Expanded operations and moved to a new facility. Grew to a workforce of 350 people by the end of 2015.
  • January 2017: Officially incorporated as Everise Guatemala.
  • June 2019: Official opening of brand new state-of-the-art 79,115 square foot office in Avenida Hincapie hosting over 1,500 production stations. The facility boasts a 26,812 square foot rooftop recreational centre with soccer and basketball courts, running trail and magnificent views of the city.
  • 2020: In the face of the COVID-19 pandemic onslaught, Everise Guatemala was among the fastest companies to pivot to a work-from-home workforce, prioritizing employees’ wellbeing and safety. The company implemented its work-from-home policy with effect from 22nd March, equipping champions with the IT infrastructure necessary to work remotely with minimal operational disruption and the highest standards of IT security.
  • 2021-2022: Drove exponential growth in client portfolio, developing end-to-end healthcare capabilities that enabled Everise to on board some of the world’s leading healthcare brands.
  • September 2022: Everise unveiled a new nearshore site in neighboring Colombia, with the official opening of its new Bogota office.
  • November 2022: Celebrated 10th year anniversary with its largest workforce to date, with plans for continued growth and expansion.

About Everise

Everise is a technology-enabled outsourcing firm with expertise in transforming healthcare and technology customer experiences globally. The Company’s unique approach combines customer and technical support services with AI, robotic process automation, analytics, and secure cloud-based technology. Some of the world’s most loved brands have products and services that are perfected, protected, supported, and sold by Everise.

Our innovative digital outsourcing services are high performing, scalable, secure, agile, and have fluent proficiency in 32 languages, which helps brands to create seamless customer, product, digital, and home experiences. We strategically operate in seven markets to enable our partners to economically reach their customers across the globe. Learn more at www.weareeverise.com.

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H3C Digital Tour 2022 in Indonesia comes to a successful conclusion

Driving a new journey of digital transformation of the local market

YOGYAKARTA, Indonesia, Nov. 18, 2022 /PRNewswire/ — The H3C Digital Tour 2022 recently came to Yogyakarta and Surabaya, Indonesia. Themed “Together, For A Digital Future”, the event brought together many local ICT industry leaders, government officials and enterprise customers, and ecosystem partners. By roundtable discussion and case sharing, the participants shared how to sustainably empower local digital economic development, with the goal of leading Indonesia into a new journey of digital transformation.

H3C Digital Tour 2022 in Indonesia comes to a successful conclusion in Yogyakarta and Surabaya
H3C Digital Tour 2022 in Indonesia comes to a successful conclusion in Yogyakarta and Surabaya

According to a report from Indonesian news agency Antara, the country’s digital economy is expected to grow from IDR 632 trillion (approx. US$44.5 billion) in 2020 to IDR4531 trillion (approx. US$320 billion) by 2030. Besides, the Indonesian government will focus on infrastructure investment in the ICT sector over the next five years, with a planned total investment reaching 2.5 percent of GDP, reported by People’s Daily from China. Over the years, H3C has been deeply engaged in the Indonesian market and has been supported to build the IT environment of “digital native”.

Given where Indonesia currently sits in terms of its development roadmap and where that roadmap fits in with the global digital economy, H3C launched four scenario-based solutions based on local market expectations, including Synergy Working, Innovative Education, Efficient Healthcare, and Reliable Public Service for government and enterprise customers. The company also rolled out the proprietary comprehensive operation management and maintenance platform H3C Cloudnet, the hyper-converged product designed for enterprise and industry data centers UIS 7.0, the tri-band Wi-Fi 7 router, the 8K ultra-high-definition H3C Cloud Screen, alongside a full lineup of routers and other innovative solutions and products.

The “Win-Win-Win” and “Partner First” strategy is a key to H3C’s efficient service system and sustainable development globally. H3C’s full-stack products and solutions into the local market are bolstered by efficient service guarantees with technical support from more than 2,000 ICT experts and 24×7 service.

Marco Ma, general manager of H3C Indonesia, mentioned, “We continue to participate in the digital transformation of the local government, banks and schools as we seize digital development opportunities across all industries, and achieve mutual benefits in the process of empowering local partners and users. We have a cutting-edge partner support plan and incentive mechanism, which can empower partners in an all-round way. By integrating the capabilities of all partners, we create shared value and work together to build a digital ecosystem.”

Opening speech by H3C Indonesia general manager Marco Ma
Opening speech by H3C Indonesia general manager Marco Ma

Currently, H3C has successfully certified over 1,000 overseas partners, established partnership with over 200 overseas service providers, and delivers services in 135 countries.

Looking ahead, H3C, as one of the most trusted partners, will continuously adhere to the corporate vision of “Shaping the Digital Future for a Better Life”, effectively meet the expectations of local people who seek to lead a smarter life, and drive Indonesia’s digital development to a new level.

CCTV+: China-Africa Media Cooperation under the concept of “Sincerity, Real Results, Amity and Good Faith”

BEIJING, Nov. 16, 2022 /PRNewswire/ — The 6th Africa Link Union (ALU) Annual Meeting was held in Beijing on Monday, gathering 26 media representatives from 19 countries and regions to help strengthen media cooperation between China and Africa.

A group photo of media representatives.
A group photo of media representatives.

Hosted by the CCTV Video News Agency (CCTV+), participants shared their views on how to deepen collaboration under the theme of “Sincerity, Real Results, Amity and Good Faith, Strengthening China-Africa Media Cooperation”.

In his opening address, Mr. Teng Yunping, president of CCTV+, gave a warm welcome to attendees from across the African continent and said ChinaAfrica media cooperation has played an essential role in furthering relations between the two sides.

“The working mechanism of the ALU has brought us closer and closer, and has also built a bridge for people-to-people connections in terms of media communications between China and Africa,” said Teng, adding that the ALU has made positive contributions to the comprehensive development of ChinaAfrica relations.

The meeting also saw the signing of the Cooperation Agreement on AMSP (All Media Service Platform) between Teng Yunping, CCTV+ president, and Ousman Abdelmoumine Bechir, CEO of Tchad 24.

Mr. Teng Yunping signed the Cooperation Agreement on AMSP with the CEO of Tchad 24.
Mr. Teng Yunping signed the Cooperation Agreement on AMSP with the CEO of Tchad 24.

Ms. Song Jianing, Deputy Director of the China Global Television Network (CGTN), said: “For better aggregating the news content of the world’s main media and creating effective in-depth diversified international cooperative media in the long-term, CGTN is willing to provide African media partners with more media public products in the future, and to conduct closer exchanges and cooperation.”

“CCTV plus has become a significant source of news content for our station,” said Ms. Susan Ng‘ong’a, Chief Executive Officer of Kenyan broadcaster Switch TV.

“Switch media looks to further build alliances within the African Link Union through creating a world class product of professional news content and strengthening the partnership for years to come,” she said.

“Thanks to the China Media Group, CGTN, CCTV+ for the collaboration. We have learned from you, we have adapted to new working methods such as the AMSP platform for example,” said Mr. Martin Ngningaye, Chief Executive Officer of Afrique Média from Cameroon. He said the exchanges of audiovisual content have allowed audiences to discover the truth about China and learn more about the splendor, cultural diversity and tourism sites in the respective countries, and especially to realize the neutrality and rigor in the processing of information.

Media representatives also shared their opinions on covering significant international events and their future plans for Chinese and African media cooperation after the 20th National Congress of the Communist Party of China (CPC), as well as further development of the ALU at the meeting.

The event also saw the winners of the ALU News Awards from 2021 to 2022 being announced, honoring members that have made outstanding contributions to the development of the cooperation platform over the past year.

The ALU was initiated by CCTV+ and media organizations across Africa in 2016, aiming to promote media cooperation and exchanges between China and Africa.

PBTS Announces Receipt of NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

ZHUHAI, China, Nov. 12, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (“Powerbridge” or “the “Company“) (NASDAQ: PBTS), a provider of multi-industry technology solutions,  announced that it has received a notification letter (the “Notification Letter“) from the Nasdaq Stock Market LLC (the “NASDAQ“) dated November 7, 2022, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

NASDAQ Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s ordinary shares for the 30 consecutive business days from September 26, 2022 to November 4, 2022, the Company no longer meets the minimum bid price requirement.

In accordance with the NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 8, 2023, to regain compliance with NASDAQ Listing Rule 5550(a)(2). To regain compliance, the Company’s ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days. In the event that the Company does not regain compliance by May 8, 2023, the Company may be eligible for additional time to regain compliance or may face delisting.

The receipt of the Notification Letter has no immediate effect on the listing of the Company’s common shares, which will continue to trade uninterrupted on NASDAQ under the ticker “PBTS”. To address this issue, the Company intends to continuously monitor its closing bid price and is in the process of considering various measures to improve its financial position and results of operations, which the Company expects to countervail the short-term adverse effects on its trading price and cure the deficiency in due time.

About Powerbridge

Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a provider of multi-industry technology solutions: software applications and services for the global trade industry, IoT platform services as well as intelligent fixtures and devices for smart city operations, supply chain platforms and social livestreaming services for the retail industry, metaverse and smart solutions for the travel and leisure industry, as well as cryptomining and digital asset operations. For more information, visit www.powerbridge.com/ir/.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China, uncertainty due to the COVID-19 pandemic and the impact it has had and will continue to have on its operations, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities Exchange Commission (“SEC“). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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Source: Powerbridge Technologies Co., Ltd.

Qingdao has Built Itself into a Pioneer City with Modern Industries and Continuously Enhanced its Economy, Innovation and Competitiveness


QINGDAO, China, Nov. 12, 2022 /PRNewswire/ — According to Qingdao’s “Five-Year Plan for Building a Pioneer City with Modern Industries (2022-2026)”, Qingdao will focus on accelerating the construction of modern industrial system, integrating development of digital transformation, industrial ecological cultivation and construction, and cleanness, safety, energy-saving and efficiency “Four at the Forefront” by building “industrial cultivation highland, digital empowerment model, collaborative development benchmark, and green and low-carbon pioneer”. Qingdao strives to increase the proportion of manufacturing added value in regional GDP to more than 30%, and the added value of productive services to 62% of the added value of service industry by 2026; The added value of the core industries of the digital economy shall account for 12% of the regional GDP, and the penetration rate of industrial Internet platforms shall reach 50%.

Fuxing trains
Fuxing trains

At present, focusing on the goal of building a pioneer city with modern industries, Qingdao is making all-round efforts. Both in terms of industrial structure and the underlying logic of industrial development are undergoing earth-shaking changes. On September 22, the “Several Policies on Qingdao Virtual Reality Industrial Park Development” were officially released at the 2022 International Virtual Reality Innovation Conference. According to the policies, Qingdao municipal and district finances will allocate more than 1.2 billion yuan in the next three years to support the construction of Qingdao virtual reality industrial park and enterprise cultivation, so as to accelerate the pooling of industrial resources and help Qingdao build a domestic first-class, globally competitive R&D and manufacturing highland of the virtual reality industry.

Data-driven manufacturing is changing the development logic of the manufacturing industry and becoming a new driving force leading the future development of the manufacturing industry. At the end of September, the first functional module of the first phase of the Project National Industrial Internet Big Data Shandong Branch – the digital transformation service platform for small and medium-sized enterprises, was launched for trial operation. The platform provides policy services, digital factories, small enterprises on the cloud, industrial services and other functions, whereby more than 90% of the services will be provided to enterprises without any charges, helping small and medium-sized industrial enterprises in Qingdao and Shandong Province to accelerate its pace of digital transformation.

Qingdao vigorously promotes the transformation of enterprise industrial Internet, implements special actions for digital empowerment in key areas, accelerates the construction of new information and communication infrastructures such as 5G networks, gigabit optical fiber networks, and data centers, and supports the development of “double-crossed” platforms represented by COSMOPlat, as well as platforms in specific industries and industrial Internet demonstration parks, to create a good environment for the digital transformation of enterprises.

Contact: Ms Zhu Yiling
Tel: 0086-532-85911619
Official website: http://www.qingdaochina.org
Facebook page: https://www.facebook.com/qingdaocity
Twitter page: https://twitter.com/loveqingdao

Hisense (Shandong) Home Appliance Industrial Park
Hisense (Shandong) Home Appliance Industrial Park

Yangtze finless porpoise: Protecting China’s ‘Smiling Angel’

BEIJING, Nov. 11, 2022 /PRNewswire/ — A news report from China.org.cn on China’s efforts to protect Yangtze finless porpoise:

https://www.youtube.com/watch?v=OeeZpJbI6zk

In a recent poll, netizens voted to name a rare Yangtze finless porpoise. Efforts to protect this endangered species have shown promising signs in China during the past few years.

Recently, an online poll was held to choose a name for a Yangtze finless porpoise code-named “YYc.” After the voting concluded, a team of experts selected “Hanbao” from the most popular replies, which has the same pronunciation as “hamburger” in Chinese. The name really suits it since the calf’s chubby body is just like a hamburger. Moreover it was born in Wuhan, central China’s Hubei province. “Hanbao” means “Wuhan’s treasure” in Chinese.

Hanbao is indeed a treasure.

The 2-year-old male calf is China’s first artificially-bred second-generation Yangtze finless porpoise. Its father Taotao is the world’s first Yangtze finless porpoise to be bred naturally in an artificial environment.

The breeding of Hanbao shows that Yangtze finless porpoises born in an artificial environment can produce offspring, marking a breakthrough and a new stage in the artificial breeding of the species.

But why has such a little porpoise drawn so much attention?

Because it’s undoubtedly cute, but also critically endangered.

According to data and scientific surveys, from 1992 to 2012, the number of Yangtze finless porpoises, an iconic species of the Yangtze River, plummeted from about 2,700 to around 1,040.

The decreasing speed is shocking. If protection is not strengthened, the endangered mammal is very likely to suffer the same fate as the baiji dolphin, nicknamed the “Goddess of the Yangtze River,” which is now considered functionally extinct.

To conserve the “Smiling Angel,” affectionately named for its mouth fixed in a permanent grin, over the past decade, China has imposed a 10-year fishing ban in the Yangtze, enacted the Yangtze River Protection Law, and launched the Yangtze River Finless Porpoises Rescue Action Plan (2016-2025). Efforts have also been stepped up in research and practice through on-site conservation, ex-situ conservation, and artificial breeding and reproduction.

Fortunately, the protection work has delivered encouraging results. The rate of decline has slowed significantly and bottomed out around 2017. One year after the fishing ban was implemented in 2021, a population survey showed positive momentum, with nearby residents reporting seeing “more and plumper Yangtze finless porpoises.” The aquatic animals can often be seen swimming in groups, with calves cuddling up to their mothers. At conservation reserves along the Yangtze River in Hubei, the number of the porpoises has increased from the original five to 150. Four artificially-bred Yangtze finless porpoises including Taotao have grown up healthily.

These achievements can be attributed to the joint efforts of the government, research institutions and the general public. However, despite the enhanced protection, we still have a long way to go in helping the species to recover. Various problems still need to be addressed, such as unattended areas in on-site conservation and the risk of complete failure of ex-situ conservation.

In the next 10 years, 20 years, 100 years… the conservation efforts cannot and will not stop, so that future generations can see a large number of finless porpoises navigate the clear waters of the Yangtze.

China Mosaic

http://www.china.org.cn/video/node_7230027.htm

Yangtze finless porpoise: Protecting China’s ‘Smiling Angel’

http://chinamosaic.china.com.cn/2022-11/11/content_78513611.htm

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