Tag Archives: ITE

PR Newswire

eBaoTech Integrates its InsureMO® with Verisk’s ISO Electronic Rating Content™ for U.S., Boosting Insurers’ Efficiency and Speed to Market

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JERSEY CITY, N.J., Feb. 24, 2022 — eBaoTech Corporation (eBaoTech), a global digital solution provider for the insurance industry, has enhanced its InsureMO® platform with the integration of the latest commercial lines rating information from Verisk. InsureMO® offers the next generation of Verisk’s ISO Electronic Rating ContentTM (ERCTM) to the U.S. market via API.

InsureMO® is eBaoTech’s platform-as-a-service (PaaS) for insurers, MGA’s, brokers, distribution channels, InsurTechs and startups to power and accelerate their innovation and connectivity to the insurance ecosystem. From nimble startups to $7 billion insurers and over 300 global implementations, InsureMO® is a proven digital insurance platform.

"We are excited about the alliance with Verisk. InsureMO® PaaS subscribers can leverage the advantages of a secure, cloud-based internet architecture for high scalability and availability, a rich set of microservices and open APIs, and configuration that supports the sales and service of products based on Verisk’s insurance policy programs," said Martin Crew, general manager, eBaoTech Americas. "I am confident that the alliance will certainly provide value to organizations that use Verisk’s rating information to develop products for the U.S. commercial market."

InsureMO® now offers on-demand capabilities from Verisk that include country and state layers plus ongoing ISO Circular updates. Verisk customers who subscribe to InsureMO® have the ability to access Verisk’s ISO Commercial Lines Program library supported by ERC today, as well as related transaction APIs, enabling them to:  

  • Create their own apps and workflow experiences
  • Embed Verisk product transaction APIs into any app, channel or distribution ecosystem
  • Use InsureMO® SaaS app offerings for a full Verisk policy management capability via out-of- the-box user experience

"This alliance with eBaoTech will help insurers boost efficiency and increase speed to market. By integrating the next generation of ERC – our innovative, cloud-based solution – insurers can benefit from automated updates to our commercial lines rating programs combined with a state-of-the-art rating and policy management solution," said Mark Sheehan, vice president and head of ratings solutions for Verisk.


 About eBaoTech

eBaoTech is a global leading technology provider for the global insurance industry. Our mission from starting in the year 2000 has been and remains to be "make insurance easy". Through hard work and full commitment to customer success, eBaoTech has built a strong client base in over 30 countries/markets, covering property and casualty, life, and health insurances. Furthermore, eBaoTech’s intense and persistent focus on addressing the fundamental pain-points of insurance technologies through deep-tech innovation has yielded significant differentiation in the global marketplace. For more information, please visit the company website at www.eBaoTech.com and the PaaS enablement site at www.InsureMO.com

About Verisk

Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook and YouTube. 

Media Contact
Michelle Pantina
551-500-7327
michelle.pantina@verisk.com

Fiona Zhang
+1 (201) 633 6405
Fiona.zhang@ebaotech.com

 

PR Newswire

Huawei to Highlight Green Power Target Network at MWC 2022

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SHENZHEN, China, Feb. 23, 2022 — The ICT sector is not only the foundation of a digital world but a big energy consumer and carbon emitter. The adoption of green ICT technologies and practices plays an important role in the fight against climate change. At the upcoming MWC 2022, Huawei will showcase its innovative Green Power Target Network, which helps carriers deploy 5G without additional site energy OPEX, minimize CAPEX and achieve green low-carbon networks.

Behind the Lifecycle Green and Low-Carbon Network

Huawei Green Power Target Network features low carbon emissions throughout the lifecycle, from construction, operation, to O&M.

1. Low-Carbon Network Construction

A site in Beijing: from room to pole
A site in Beijing: from room to pole

Huawei proposes to simplify site construction, replace equipment rooms with cabinets and cabinets with poles. This solution reduces the civil engineering cost, carbon emission during construction and reconstruction, as well as the power consumption of air conditioners for heat dissipation.

2. Low-Carbon Operation

Huawei Green Power Target Network can reshape the power from generation, conversion, storage, to consumption, bringing low-carbon networks.

Huawei uses green and renewable energies such as solar and wind for sites and equipment rooms, reducing carbon emissions from the power source. The solution jointly developed by Huawei, China Mobile, Hangzhou, and China Mobile Group Design Institute is a textbook case. The power supply, devices, and batteries originally distributed in six cabinets are integrated into one, saving 80% of the floor area for Huawei’s Smart PV system. It is estimated that the electricity cost will be reduced by about 58% and the carbon emissions will be slashed by 8 tons after site reconstruction.

A site in Hangzhou: six cabinets replaced by one cabinet + PV deployment
A site in Hangzhou: six cabinets replaced by one cabinet + PV deployment

To tackle the low energy consumption efficiency of sites during power conversion, Huawei uses efficient modules and a single system to replace traditional inefficient modules and multiple power systems, boosts the voltage for power supply to reduce transmission loss, and reduces carbon emissions during power conversion.

While the industry is transforming from lead-acid batteries to lithium batteries, Huawei has evolved to a new era of the cloud-based, intelligent lithium battery. This kind of battery can provide backup power and allocate the backup power precisely through collaboration with power sources and loads, upgrading the traditional backup power unit to an intelligent energy storage system (ESS). 

Energy consumption management has troubled the industry constantly. Huawei’s innovative intelligent power consumption management improves management efficiency through precise metering, energy slicing, software definition, and power consumption audit. The power consumption of each load at a site can be calculated separately, the power consumption of each route can be accurately measured by tenant, frequency band, and sector, improving energy efficiency precisely.

3. Low-Carbon O&M

Traditional site O&M is inefficient and requires labor input for preventive maintenance inspection, fault locating, spare part replacement, emergency power generation, cooling adjustment, and electricity fee checking. Based on site digitalization, and AI and IoT technologies, Huawei implements intelligent power and O&M of all links remotely. In addition, portable lithium batteries can replace gensets for emergency backup, achieving a low carbon footprint.

The Unique Huawei Green Power Target Network

As the name suggests, Huawei Green Power Target Network is to "begin working with the goals in mind", always thinking about the big picture. On the one hand, the Target Network adopts top-level design from sites to equipment rooms, and from deployment to operation to O&M, in a unified and systematic manner. On the other hand, the Target Network connects all scenarios over the entire lifecycle, achieving efficient collaboration and laying a foundation for full-link intelligence. 

Intelligence is another feature of Huawei Green Power Target Network.

Huawei iCooling@AI solution illustrates the energy efficiency optimization in data centers. One-third of the power consumed by a data center is used for non-IT facilities such as air conditioners, which devour the most power. Huawei iCooling solution efficiently and accurately collects data related to data center energy efficiency and uses the deep neural network for modeling, precisely fitting the running status of the data center to optimize the efficiency by the hour.

Climate change caused by carbon emissions is a tough challenge for the sustainable development of all mankind, and this also puts the ICT industry under pressure. However, Huawei Green Power Target Network brings us hope. Innovative technologies are the key to the "Sword of Damocles" hanging over the ICT industry. New infrastructure construction such as 5G and big data, and green and low carbon are not mutually exclusive, but are coexisting concepts.

PR Newswire

Fiducia’s Inaugural Fund Launched With Initial Size of 3.3 Billion Yen; Fundraising to Continue

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TOKYO, Feb. 21, 2022 — Fiducia Inc. announced that it has executed the first closing of its inaugural fund (Fiducia Growth Tech Limited Liability Investment Limited Partnership), with an initial size of 3.26 billion yen. The fund, which has started investments, will continue its fund-raising activity to grow in scale over the period of about one year.

The participating institutional investors of the fund include AI Capital Co., Ltd., Tokyo University of Science Investment Management Co., Ltd., Nanto Bank Co., Ltd., and Pavilion Capital. The investors range from a renowned gatekeeper and a venture capitalist to a large regional bank and a reputable Singapore-based private equity fund.

The Latin word "Fiducia" was chosen as the corporate name with the intent of executing fiduciary duties and social responsibilities. Fiducia intends to cultivate and invest in innovative companies in real technology (Real/Deep Tech) and health care innovations. Fiducia will invest in these companies and help them with expertise in finance and investments. Fiducia will help them build better business networks and, most importantly, help them to grow. 

The management and employees of Fiducia will aspire to contribute to the globalization of the companies in its investment portfolio.

The integration of the virtual and the real worlds is rapidly progressing, which presents great business opportunities for Real/Deep Tech companies, including ones from Japan. Healthcare innovation from Japan’s academia is advancing, but it is yet to be discovered by international investors. Fiducia focuses on investments in these two promising areas, and helps them grow to maximize investor returns.

The growth capital business bridging the gap between startups and public equity markets is now an important arena for private investments worldwide. However, this segment is underdeveloped in Japan. Fiducia aspires to help develop growth capital investments on Japanese soil to invest in and to help develop Real/Deep Tech and Health care Innovation companies.

Many large companies in Japan are rebalancing their business portfolios by spinning off non-core technologies. While some of these technologies will become more attractive if they were managed independently, they still struggle to attract financing from local venture capitalists because these companies are busy focusing on developing local IT platforms and subscription businesses. This is a perfect opportunity for Fiducia. The asset management company intends to act proactively and also work together with other counterparties to fulfill its goals.

Fiducia aims to build a balanced portfolio – not with a scattered shotgun approach but with an intentional bias toward concentration, allowing us to focus on growth investments in the Real/Deep Tech and Healthcare Innovations. This approach allows Fiducia to spend more time with the companies in which it invests, to give their management business and financial advice and to help them build business networks locally and globally. 

Domestic Real/Deep Tech companies and Healthcare innovators are not limited to the Tokyo metropolitan region; they also exist in the rural regions. Fiducia hopes that its investment activities could contribute to the transformation of the industrial structure and the revitalization of rural areas.

Comments from Founders:

Takumi Shibata, Fiducia’s Co-Founder, said: "Re-energizing Japanese businesses and revitalizing regional communities will call for urgent solutions. Our focused investments in Real/Deep Tech area and in Healthcare innovations will help to solve these issues, with attractive returns to investors.  Fiducia will be excited if its focused profit-seeking investment approach and returns can contribute to solving these national challenges on any scale possible."

Tokihiko Shimizu, Fiducia’s Co-Founder, said: "Fiducia is convinced that focused investments in Real/Deep Tech and in Healthcare Innovations offer promising investment opportunities that deliver attractive returns.  Growth stage investors like us are operating in a less crowded space in Japan and enjoy blue ocean-type access to investment opportunities.  This is one more reason why Japan needs this growth-stage investment segment to grow. I will endeavor to contribute to building a strong, disciplined and focused investment business in order to cater to our investors’ need for returns, based on my past business experience in national pension management, private equity and venture capital investments."

 

PR Newswire

China.org.cn on Beijing 2022: Where passion and warmth sparkle

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BEIJING, Feb. 18, 2022 — A report from China.org.cn on Beijing 2022:

Here are some touching and positive stories on Beijing 2022.

American athlete Tessa Maud shared on her social platform a heartfelt moment at the opening ceremony when a volunteer greeted her with a loud "welcome to China", a gesture that literally moved her to tears.

The Canadian delegation’s operations staff wrote a letter to the Chinese staff working in their building, thanking them for their efficiency and warmth.

A Chinese netizen sent American-Samoan athlete Nathan Crumpton a cartoon image of him showing up shirtless at the opening ceremony. Later people found out that he had stuck the cartoon image to his skeleton.

Sportsmanship has been well displayed in these games. China’s curling team lost a match to the U.S., but Chinese players presented Bing Dwen Dwen badges to their American counterparts. Later, the American pair also sent gifts in return.

When Gu Ailing won gold at the Big Air event, she hugged the other two medalists and comforted French athlete Tess Ledeux as she wept. Then at the press conference, Gu Ailing said it was Tess who inspired her to go all-in on her last jump.

At this Olympics, many athletes were pushing their limits and competing against themselves, which won admiration and respect from audiences. Japanese skater Yuzuru Hanyu challenged himself to finish a quadruple Axel; Canadian snowboard athlete Max Parrot returned after recovering from cancer and chemo and managed to clinch a gold medal. German speed skater Claudia Pechstein is still on the ice rink at the ripe age of 49 despite her stellar Olympic CV. For them, the Olympics is about striving for their passion and sparing no efforts to continue their dreams. Just like what Mr. Coubertin said, "the most important thing in the Olympic Games is not winning but taking part."

Sports are not about politics but all about challenging human limits, and inspiring and including more people in these events. Let sports be just sports, and celebrate faster, higher, stronger, together at these Games. Enjoy!

PR Newswire

The Hairy Monkey: Hairy monkeys to celebrate the Spring Festival and to greet Beijing 2022 Winter Olympics

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BEIJING, Feb. 18, 2022 — A news report by China.org.cn on China’s intangible cultural heritage:

"Half an inch tall, these monkeys bring folk customs of the capital city alive." This poem describes the hairy monkey, a traditional handicraft in old Beijing. The hairy monkey simulates human movements and life scenes, reflecting the life of the city, and has derived a variety of widely loved art works.

 

Before the eve of the 2022 Spring Festivalr, in order to have a closer understanding of intangible cultural heritage and feel the charm of traditional Chinese culture, Mengli and Ma Zhuoran who are international students from Russia visited the Studio of Zhang Fengxia, the fourth generation inheritor of Beijing style hairy monkey. They learned how to make a hairy monkey from Zhang Fengxia and gained a better knowledge of the hairy monkey culture.

The hairy monkey originated in the Qing Dynasty, which is more than 100 years ago. According to legend, there was a traditional Chinese herbal medicine shop called "South Qing Ren Tang" located at Luomashi Avenue on the outside of Xuanwumen in Beijing. One day, the clerk of the medicine shop was told off by the shop owner for no reason at all and felt very depressed. At night, when he was studying the herbs, he found by chance that the shape of Flos Magnoliae resembles the shop owner’s big belly. He then found a cicada slough and used its nose as the head, its front legs as the lower limbs, and its back legs as the upper limbs, which formed a monkeyish figurine. And that marked the birth of the first hairy monkey. Soon, the handicraft spread in Beijing and became a favorite toy for children.

It seems to be simple to make a hairy monkey, but actually it takes a lot of time and effort. To create in a small scale is a great test for the energy and endurance of the craftsman. "I thought the art was very simple, but I had a lot of difficulties in doing it," Mr. Ma said. Under the patient guidance of Zhang Fengxia, the international students completed their own hairy monkeys step by step, from the selection of materials to the arrangement of scenery. "I think it’s a beautiful art that conveys a lot of emotions. I wish more people knew about this art." After the experience, Mengli expressed his love and admiration for the monkey making.

Today’s hairy monkey creation are no longer confined to the old Beijing market culture, it continues to innovate with the development of the times. In the showcase of Zhang fengxia’s works, you can see a hairy monkey artwork themed by the canal in her hometown, Tongzhou which is also a new work created for the Winter Olympics in Beijing. Behind these exquisite works is Zhang Fengxia’s original aspiration and adherence to this skill.

The experience of making the hairy monkey not only makes international students feel the unique charm of China’s intangible culture heritage, but also makes the hairy monkey culture known and loved by more people.

PR Newswire

Global Internet Pioneer Outlines Vision for Asia Pacific Internet Governance

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Hong Kong-based Lu Heng champions "one world, one internet"

HONG KONG, Feb. 17, 2022 — Lu Heng, the CEO and founder of LARUS Limited, the global market leader in IP solutions, has unveiled his vision for the Asia Pacific Network Information Centre (APNIC) Executive Council (EC) elections.

APNIC, one of the world’s five Regional Internet Registries (RIRs), is responsible for allocating and managing IP addresses and providing related services throughout the Asia-Pacific region. As a staunch supporter of digital globalization and of the maxim "One World, One Internet", Lu Heng argues for a fair internet experience, healthy competition and resolving pricing issues in the current IPv4 market, as well as accelerating the adoption of IPv6 being central to APNIC’s governance.

Commenting on his one world, one internet vision Lu Heng said, "The governance and pricing challenges facing ISP companies in Australia and New Zealand are the same as those in all APNIC member states including the Philippines, China, Bangladesh, India and Pakistan. My two-year plan as an APNIC board member is to put the voice of all members, in all countries who are striving to build a fair and equal internet for the world at the very heart of APNIC’s decision making."

Lu Heng draws on his more than ten years of experience in Internet governance within the RIR system. LARUS Limited, which Lu Heng founded in 2016, is the only IP service provider in Hong Kong and a leading IP solution provider worldwide, having leased more than 10 million IP addresses to date to customers in over 60 countries.

APNIC is governed by the eight-member EC, which is composed of seven members elected for two-year terms, as well as the Director General of APNIC.  Lu Heng is running for a seat on the APNIC EC, with voting scheduled to begin February 17 and end on March 3 at the conclusion of the 2022 edition of the Asia Pacific Network Technology Summit (APRICOT). Lu Heng, who was nominated for APNIC’s EC by Huawei Singapore as well as two of the largest Internet Service Providers (ISPs) in Pakistan, is keenly committed to APNIC’s core vision of "a global, open, stable and secure Internet".

Voting for the Executive Council is open to all APNIC members and will take place online through the MyApnic portal.

For further information, please contact:

Melvin Cheng, Director at LARUS LIMITED

Info@larus.net 

www.larus.net

Logo – https://techent.tv/wp-content/uploads/2022/02/global-internet-pioneer-outlines-vision-for-asia-pacific-internet-governance.jpg

PR Newswire

MatchCraft Recognized as Rising Star of the Year at Microsoft Advertising Partner Awards

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LOS ANGELES, Feb. 11, 2022 — MatchCraft, a global leader in digital advertising technology, was recognized as the Rising Star of the Year by Microsoft Advertising at last night’s virtual awards ceremony honoring the accomplishments of 2021. MatchCraft took home the top prize for its accelerated focus on integrating features that drive both scalability, feature adoption, and growth for its reseller and agency partners.

At the heart of MatchCraft’s vision and mission is its ability to deliver consistent results across multiple channels and to do so in a scalable manner. A critical component of their success is the inclusion of Microsoft Advertising inventory in their suite of solutions. "Given the challenges local businesses have faced over the last year, maximizing advertising budgets and reach was the driving force behind much of our development in 2021," says Sandy Lohr, CEO of MatchCraft. "To be recognized for the hard work our team has undertaken to ensure our partners have access to Microsoft Advertising’s valuable inventory is truly an honor and speaks to the strength of our partnership with Microsoft Advertising."

"Microsoft Advertising is delighted to show our appreciation and acknowledge the well-deserved recognition for MatchCraft as the Rising Star of the Year. Our partners are critical to our business and it’s a privilege to recognize those who lead with a spirit of collaboration, innovation, and inclusive behavior. Our partners have displayed a strong commitment to their clients, and to their communities during a time of uncertainty and disruption," added Sean O’Connor, International Marketing Director at Microsoft Advertising.

About MatchCraft
MatchCraft provides a best-in-class advertising platform that enables companies to successfully sell and manage search, display, and social campaigns for their advertisers. Unlike other advertising technology platforms, MatchCraft’s platform AdVantage™ helps organizations efficiently manage campaigns of all sizes, enabling clients to deliver results to their advertisers. MatchCraft’s sophisticated real-time bidding algorithms, and a team of digital marketing enthusiasts, work relentlessly to deliver exceptional ROI for merchants around the world. MatchCraft is a fully remote company with team members across the US, Europe, Mexico, and India. For digital marketing news, advice, and to stay in the loop on product rollouts, follow MatchCraft on Facebook, MatchCraft on Twitter, MatchCraft on LinkedIn or visit www.MatchCraft.com.

About Microsoft Advertising

Represent your brand at its best with advertising solutions guided by an uncompromising respect for privacy, brand safety, and data security. Microsoft Advertising provides intelligent solutions that empower you to deliver engaging, personalized experiences to over a half a billion people worldwide. Bing powers billions of searches monthly on the Microsoft Search Network, including Verizon Media properties (AOL, Yahoo), platforms like Amazon and Apple, and on Microsoft services like Windows, Office and Microsoft Edge. Extend your reach and campaign performance with Microsoft Audience Network, high-quality native placements across devices on premium sites like MSN, Outlook.com, Microsoft Edge, and Verizon Media. Only Microsoft Advertising offers LinkedIn Profile targeting on search and native to help you find highly relevant audiences based on their company, job function and industry. With Microsoft Advertising, gain access to in-depth insights, intelligent advertising tools that use AI to improve campaign performance and audience targeting solutions to create more personalized advertising experiences. Microsoft Advertising. Intelligent connections.

Media contact: info@matchcraft.com

PR Newswire

Last Chance to Register for NFTs of the digital Kiss by Gustav Klimt for Valentine’s Day

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VIENNA, Feb. 9, 2022 — The Belvedere museum in Vienna and the NFT investment fund artèQ are in the process of launching an exceptional NFT drop: Whitelisting ends on Thursday, 10 February, midnight (Central European Time), Gustav Klimt’s masterpiece The Kiss will be available for sale in a limited number of 10,000 digital excerpts.

A high-resolution digital copy of the most famous depiction of a pair of lovers has been divided into a 100 x 100 grid, resulting in 10,000 inimitable individual pieces that are currently offered as non-fungible tokens, or NFTs. The "whitelisting" phase, when interested parties can register to purchase on the thekiss.art platform, started 26 January 2022 and will close this Thursday night, 10 February, at midnight or 00.00 am, Central European Time. If the sale is oversubscribed, allocation of the 10,000 NFTs will be decided by lottery. From 11 February, whitelisted buyers can complete the transaction within 24 hours. If any pieces are left after the whitelisting phase, they may be purchased from 12 February at thekiss.art. Each NFT can be purchased at an retail price of 1,850 euros (incl. minting costs and VAT), respectively 0.65 Ethereum (excl. minting costs, incl. VAT). The drop, or official release of the NFTs, will take place on Valentine’s Day, 14 February. The NFT may be dedicated to a loved one on the official site – a most romantic digital declaration of love!

The press kit is available here for download.

For more information please contact: presse@belvedere.at.

Picture is available at AP Images (http://www.apimages.com)

Contact
Belvedere Press
T: +43 (01) 795 57-185
M: presse@belvedere.at
www.belvedere.at

PR Newswire

Xiaomi Strengthens Data Protection with Independent Audit of Compliance

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BEIJING, Feb. 3, 2022 — Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core, has today announced the findings of an independent review into its data protection compliance.

Xiaomi appointed TRUSTe LLC, a subsidiary of TrustArc, to conduct an independent audit of its data protection and security management. The review comprehensively evaluated whether the processing of personal information conducted by Xiaomi is performed in compliance with the General Data Protection Regulation (GDPR) of the European Union (EU). The TRUSTe review summary states: "The measures described in the GDPR Validation Assessment were suitably designed to provide reasonable assurance" that all 40 GDPR Validation Requirements would be met.

As the first ever Chinese enterprise to receive certification from TRUSTe, Xiaomi continues to submit to outside scrutiny when it comes to data protection and user privacy, adopting the GDPR of the EU compliance assessment since 2018.

The Validation Requirements focus on program-level measures in eight areas: Integrated Governance, Risk Management, Resource Allocation, Policies and Standards, Processes, Awareness and Training, Monitoring and Assurance, and Reporting and Certification. A member of the Global Privacy Solutions team from TRUSTe validated that Xiaomi has met the applicable Validation Requirements.

Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee, said the GDPR Validation Assessment is an important step in continuously enhancing the company’s data and security compliance. Xiaomi strives to uphold the highest standards of user privacy policies and practices, particularly for its users in the EU, he added.

Cui Baoqiu stated: "We regularly engage with TRUSTe, as well as other credible institutions globally to warrant that Xiaomi’s user privacy protection, including GDPR compliance, keeps improving and perfecting its practices to offer our users reliable and trustworthy products and services. I’m very pleased to see that Xiaomi has completed TRUSTe’s annual audit of GDPR privacy compliance, which demonstrates our commitment to privacy protection."

TrustArc, which is based in the U.S., is a leading global privacy compliance and risk management company with decades of deep expertise and leadership in building and maturing comprehensive privacy programs and enabling continuous compliance, information governance, and data security.

User security and privacy is Xiaomi’s top priority. In 2014, Xiaomi established its Security and Privacy Committee. In 2016, Xiaomi became the first Chinese enterprise to receive certification from TrustArc. Xiaomi adopted the GDPR of the EU compliance assessment in 2018, and continues to submit to outside scrutiny when it comes to data protection and user privacy. In 2019, Xiaomi security and privacy practices were certificated on ISO/IEC 27001 and ISO/IEC 27018. The company also published the first version of the MIUI security and privacy white paper.

For more information, please visit https://trust.mi.com/compliance

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of "Make friends with users and be the coolest company in the users’ hearts", Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

For more information about Xiaomi as a company, please visit https://www.mi.com/global/discover/newsroom

PR Newswire

Tencent Music Unveils Recent Global Accolades for Music Industry Support and Cultural Exchange

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SHENZHEN, China, Jan. 30, 2022 — Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, unveiled recent domestic and international accolades for supporting the development of the music industry, innovation and for building a stage for global cultural exchange.

Tencent Music Entertainment Group has recently received multiple authoritative domestic and international awards that recognize its profound execution of development strategies and comprehensive service ecosystem. In November 2021, TME ranked top 15 in the Comprehensive Strength Index of Chinese Internet enterprises (2021) released by the Internet Society of China; in December, TME won over a dozen employer branding awards in brand communication, employee experience, employee perception, and corporate social responsibility from organizers including the Employer Branding Creative Festival, Laguo, Liepin, Maimai and Moka; TME received six awards in brand communication for the first time, in visual, video, digital and intelligent communication, ranking the top in the Greater China region; on December 28, TME ranked top 10 in the 2021 Top 30 Employers in the China Digital Copyright Industry Followed by Undergraduates list published by the National Copyright Trade Center of Renmin University of China.

The contribution to China and global music industrial development by Tencent Music Entertainment Group and its management was also recognized by top-tier media. In January 2022, TME’s Executive Chairman Cussion Pang was selected as one of the "Faces of 2021" by People, a domestic authoritative magazine, and appeared on the new year cover of the magazine in 2022 together with nine other outstanding representatives from different fields. On January 26, CEO Ross Liang was named to Billboard’s 2022 Power List with other notable core industry figures who have made significant achievements in 2021 in terms of revenues, music asset investments, and artist support, recognizing TME’s steady growth and development, and strong industrial impact. 

Institutions and media have expressed optimism about TME and the development prospects of China’s music industry in recent years. According to MIDiA’s Music subscriber market shares Q2 2021 research report released in January 2022, China has witnessed the largest user growth globally as an emerging market, while TME ranked third in global music streaming with a 13% market share of music subscriptions. The growth of service ecosystem is expected to continue the empowerment of China music in the global digital music market.

By executing on its "dual engine content-and-platform" strategy, TME has been devoting to the construction of all-around services and a multi-value co-creation system with industry partners through advanced technology and rich industry resources. Meanwhile, it provides services for hundreds of thousands of Chinese musicians through the Tencent Musician Platform, promoting and building a diversified stage for their music dreams. TME will continue to cooperate with more global industry partners to further promote high-quality Chinese music content overseas and realize the global value of music works, as part of its continuous contribution to the long-term healthy development of the digital music industry.

About Tencent Music Entertainment

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

Media Contact

TME.PR@icrinc.com  
+86 138-1079-1408