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PR Newswire

VeChain Becomes The First 5-Star-Rated Blockchain Service Provider In The World, Certified By TÜV Saarland

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SHANGHAI, Dec. 23, 2020 — TÜV Saarland Certification (hereafter referred to as "TÜV Saarland") has issued VeChain with the world’s first 5-Star-Rated Blockchain Service Certificate. Their certification acknowledges the readiness and maturity of VeChain’s blockchain technology, raising the profile and prestige of the network and certifying it as one of the preeminent front runners in the enterprise-level blockchain space.

Youdi Chen, Deputy General Manager of TÜV Saarland Shanghai and Sunny Lu, Co-founder & CEO of VeChain
Youdi Chen, Deputy General Manager of TÜV Saarland Shanghai and Sunny Lu, Co-founder & CEO of VeChain

As a renowned European certification body, TÜV Saarland is accredited by DAkkS, the national accreditation body for the Federal Republic of Germany. TÜV Saarland’s blockchain service certification methodology is based on established blockchain service evaluation standards and industry-leading expertise and experience within TÜV Saarland. This evaluation model and system is held in such high regard that their blockchain certification model has been authorized for use by the Certification and Accreditation Administration of the People’s Republic of China (CNCA) in China.

The methodology applied by TÜV Saarland Shanghai included conducting strict audits around the blockchain-based services provided by VeChain, assessing elements such as technical scalability, network reliability and practicality of application. In response to the strict requirements set forth by the body, VeChain had to demonstrate its regulatory abidance across jurisdictions and provide detailed reporting for TÜV Saarland, providing a detailed insight in to its blockchain services, including industrial blockchain applications, technical documents, business development plans, delivery of technological services, acceptance records and more.

With technical strength and market-proven blockchain use cases, VeChain has been certified as the first approved 5-Star Blockchain Service Provider under TÜV Saar’s notation.

This certification uniquely positions VeChain’s blockchain technology in the enterprise and business world. In an industry where enterprises are hesitant to adopt emerging technologies, this certification would leapfrog our competitive advantage compared to other blockchain platforms. Ultimately, as we gather more recognition and trust, the VeChain ecosystem will thrive and lead to more usage and partnerships, directly contributing to the value creation of our blockchain ecosystem.

Thorsten Greiner, Managing Director of TÜV Saarland, said: "TÜV Saarland has an extremely professional certification team, with not only a deep understanding of blockchain technology, but also rich field experience. TÜV Saarland’s certification standard aims to set an industry-level reference benchmark and help blockchain service providers improve their competitiveness in the international market. As the first company to receive the five-star service certification, VeChain has demonstrated its advantages and has the potential to bridge more large-scale enterprise digital systems or government projects."

Sunny Lu, co-founder and CEO of VeChain, said, "Our strategic partners, PwC and DNV GL, have been offering professional compliance guidance for us to iterate blockchain technology and develop industrial blockchain applications for enterprise users. We are honoured to be granted this certificate and will be looking for ways to further improve our services in the business world. Faced with the impact of COVID-19, many decision makers are seeking new business recovery capabilities and growth points, which can be effectively assisted by VeChain’s blockchain services."

About TÜV Saarland Certification

TÜV Saarland is an internationally renowned organization, founded in 1871 in Germany. It´s Certification Body is accredited by DAkkS, the national accreditation body for the Federal Republic of Germany, according to ISO 17021 and ISO 17065. Additionally, it is one of only about 40 bodies worldwide that is allowed to certify the IATF 16949 automotive standard. The IATF certification is monitored by the Quality Management Centre of the German Automotive Industry Association (VDA-QMC).

Website: https://cert.tuev-saar.de/en/

About VeChain

Launched in 2015, VeChain Technology is a global leading enterprise-friendly blockchain company which aims to connect blockchain technology to the real world by providing enterprises with blockchain-enabled solutions suited to their business needs.

It offers VeChain ToolChain™, a low-code blockchain-based SaaS platform that allows enterprise clients to rapidly build and drive digital transformation on a global scale, enabling the evolution of a trust-free and a distributed ecosystem.

VeChain Technology is a pioneer of real-world blockchain applications, with international offices in China, Singapore, Luxembourg, Japan, France, Italy and the United States. With strong independent development capabilities, combined with the professional compliance guidance of our strategic partners, PwC and DNV GL, VeChain has established partnerships with many leading enterprises in various industries, including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, ASI Group etc.

Website: www.vechain.com

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PR Newswire

Delta’s Data Center Solutions Help Formosa Plastics Group (FPG) Create its New Energy-Efficient Backbone Enterprise Data Center

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TAIPEI, Dec. 23, 2020 — Delta, a global leader in power and thermal management solutions, today announced it has planned, designed and built the new energy-efficient backbone enterprise data center of Formosa Plastics Group (FPG), one of the world’s largest petrochemical conglomerates.  The aforementioned 750kW and 300 sqm data center in New Taipei City, which supports FPG’s IT operations and data centers around the world, leverages Delta’s energy-efficient modularized data center infrastructure solution and system integration capabilities to deliver a PUE (power usage effectiveness)  below 1.5, as well as up to 30% annual energy savings.

Madam Sandy R.Y. Wang, standing member of Formosa Plastics Group Executive Management Committee, chairperson of Formosa Biomedical Technology Corporation, underscored, "This new data center is the backbone of Formosa Plastics Group’s entire IT infrastructure spread abroad, and therefore, long-term reliability, flexibility for future expansion, and energy efficiency are our top requirements. Delta’s expertise and track-record in creating energy-efficient and resilient data centers were decisive factors within our decision process. With their tailor-made planning, design and implementation services, and the use of Formosa Biomedical’s battery technology, we now have an eco-friendly data center with a PUE below 1.5."

Mr. Victor Cheng, Delta’s senior vice president and general manager of its Information Communication Technology Infrastructure Business Group, said, "Collaborating with a world-class corporation like Formosa Plastics Group has been a highly rewarding experience for our entire team. Moreover, we have been able to fulfill their specific needs by providing a comprehensive solution that enables high efficiency in terms of power management, cooling, as well as remote management of the entire infrastructure and PUE with our DCIM platform. This success cements our unique track record in the data center field, where we have established the world’s first LEED v4 ID+C Platinum-certified data center in our Taipei HQs as well as our solutions implemented for global leading enterprises."

With the support of Delta’s solutions, the PUE of this facility is expected to maintain an eco-friendly level <1.5 and approximately 30% energy savings when compared to FPG’s older data centers. Delta’s data center infrastructure solution for this IT facility utilize a N+1 design that includes the 3-phase 120kVA NT series uninterruptible power supplies (UPS), which provides superior power protection and stability. In addition, a cold air aisle containment configuration was implemented by leveraging Delta’s 43kW RoWCool chilled water precision cooling units; the Environmental Monitoring System (EMS) provides a broad range of information regarding temperature and humidity even at rack level while Delta’s DCIM data center infrastructure management system provides the IT managers with real-time critical and comprehensive information regarding different layers of the data center.

Formosa Plastics Group was founded in 1958 and is one of the largest petrochemical conglomerates in the world. In addition to its main petrochemicals processing business, the group has other business segments, such as, electronics manufacturing, healthcare, biotechnology, automobile production, textiles and more. Its subsidiary Formosa Biomedical Technology Corporation develops new energy technologies, including a novel lithium iron battery module that could support UPS systems, DC chargers as well as energy storage systems.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 10 consecutive years. In 2020, Delta was also honored with two "A" leadership level ratings by CDP for its substantial contribution to climate change and water security issues.

For detailed information about Delta, please visit: www.deltaww.com

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PR Newswire

Huawei Pay Welcomes New Partner Aleta Planet to Provide Mobile Payment Solution for Singapore Users

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SINGAPORE, Dec. 23, 2020 — Huawei Pay, the mobile payment service by Huawei, today announced a new partnership with Aleta Planet and UnionPay International (UPI) to introduce the mobile payment solution combining Near Field Communication (NFC) and Quick Response Code (QR code) payments for Singapore Huawei users. Starting from now to 28 February 2021, Singapore Huawei Pay users are entitled up to eighteen per cent discount at HEYTEA with UnionPay QR Code payment.

Huawei Pay, the mobile payment service by Huawei today announced a new partnership with Aleta Planet and UnionPay International (UPI) to introduce the mobile payment solution combining Near Field Communication (NFC) and Quick Response Code (QR code) payments for Singapore Huawei users. For more information about Huawei Pay, please visit https://consumer.huawei.com/en/mobileservices/huawei-wallet/
Huawei Pay, the mobile payment service by Huawei today announced a new partnership with Aleta Planet and UnionPay International (UPI) to introduce the mobile payment solution combining Near Field Communication (NFC) and Quick Response Code (QR code) payments for Singapore Huawei users. For more information about Huawei Pay, please visit https://consumer.huawei.com/en/mobileservices/huawei-wallet/

Earlier in May, Huawei Mobile Services (HMS) launched the Huawei Pay in Singapore for users to enjoy secure, and convenient mobile transactions with their smart devices. Users can enable Huawei Pay by adding their bank cards to HUAWEI Wallet app and transact conveniently in-store and in-app.

Now, Huawei Pay provides further improved in-store payment experience by offering both NFC and QRC payment methods for greater flexibility. Huawei Pay users can choose to pay with either way in the retail stores.

In Asia Pacific, the Singapore-based Aleta Planet is the first FinTech partner that supports both the NFC and QR code payments via Huawei Pay. Aleta Planet is a virtual card service provider which allows users to pay, remit, and collect payments through the UnionPay network. To begin with the service, users need to download the company’s "AP-1" mobile app from HUAWEI AppGallery and apply for an AP-1 virtual card entirely online. The users can then add their card to Huawei Pay and start to make cashless NFC and QR code payments at various merchant locations.

"We are pleased to announce this collaboration with Singapore’s homegrown FinTech company, Aleta Planet, in providing the convenience of our Singapore users to make payment anywhere, anytime. By using Huawei Pay, the AP-1 users can handily make NFC and QR code payment, as well as enjoying a slew of exclusive privileges available. This partnership is part of Huawei’s continuous efforts on optimising the mobile experience for our users," said Shane Shan, Director of Huawei Mobile Services, Asia Pacific.

UnionPay users to enjoy rewards with Huawei Pay
In celebration of the partnership, from now until 28 February  2021, Singapore Huawei Pay users will receive up to eighteen per cent discount at HEYTEA* when paying with UnionPay QR Code. The promotion redemption is limited to three redemptions per day, on a first-come, first-served basis. Singapore Huawei Pay users will also enjoy SGD$1 discount with minimum spend of SGD$2 at i.Jooz orange juice vending machines by scanning the UnionPay QR Code.

In addition, Aleta Planet’s AP-1 virtual card users will be entitled to a slew of UnionPay promotions and rewards including dining and lifestyle offers as stated on the UPI website (http://www.unionpayintl.com/sg/).

For more information about Huawei Pay, please visit

https://consumer.huawei.com/en/mobileservices/huawei-wallet/

*Terms and conditions apply

PR Newswire

Gojek invests in Bank Jago to accelerate financial inclusion in Indonesia

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Investment made through Gojek’s payments and financial services arm, with ambition to provide millions of users with greater access to digital banking services

JAKARTA, Indonesia, Dec. 22, 2020 — Gojek, Southeast Asia’s leading mobile on-demand services and payments platform, has invested in Bank Jago, an Indonesia-listed technology-based bank, as part of a strategic partnership that will accelerate financial inclusion in Indonesia.

Gojek, Southeast Asia’s leading mobile on-demand services and payments platform, has invested in Bank Jago, an Indonesia-listed technology-based bank, as part of a strategic partnership that will accelerate financial inclusion in Indonesia.
Gojek, Southeast Asia’s leading mobile on-demand services and payments platform, has invested in Bank Jago, an Indonesia-listed technology-based bank, as part of a strategic partnership that will accelerate financial inclusion in Indonesia.

The partnership marks a collaboration between two exciting technology-focused companies: Gojek, pioneer of the Southeast Asian ‘Super App’; and Jago, an innovative technology-based bank that delivers digital banking services for the SME, consumer and mass market segments in Indonesia. It also builds on the partnerships that Gojek – and its digital wallet and payments platform, GoPay – has formed with various Indonesian financial institutions to offer financial services to merchants and drivers since 2017.

The ultimate aim of this partnership is for Jago to provide access to digital banking services through Gojek’s platform, allowing Gojek’s millions of users to instantly open a bank account with Jago and better manage their finances via the Gojek app. The partnership will also act as a model through which Gojek will go on to partner with other banking institutions to support them in reaching more customers.

Indonesia – home to the world’s 4th-largest unbanked population where 52% of adults (about 95 million people) do not own a bank account[1] and a further 47 million adults are underbanked or have insufficient access to credit, investment and insurance[2] – represents a huge opportunity for companies like Gojek and Jago. That it has a high smartphone penetration rate of 70-80% also makes the population infrastructurally ready for digital banking.

The investment – made through Gojek’s payments and financial services arm – will mean Gojek holds around 22% of Bank Jago. The deal also does not alter the control of Jago, with Metamorfosis Ekosistem Indonesia and Wealth Track Technology continuing to be Jago’s controlling shareholders with a combined ownership of 51 per cent.

Gojek Co-CEO Andre Soelistyo, said: "Our partnership with Jago marks the latest milestone in our drive to reduce daily friction for users and improve their lives through technology. It is a key part of our strategy and will underpin the growth and sustainability of our business in the long term. Jago’s tech-based banking solutions will supercharge Gojek’s ecosystem offerings and facilitate access to banking services for the mass market, thereby supporting our common vision to accelerate financial inclusion in Indonesia.

"This is the start of a new way of offering financial services to Gojek users as the collaboration will enable us to develop a process through which we can work with other banks. Our aim is to leverage more partnerships like this, to ultimately make the Gojek app a reliable resource for everyone’s financial needs."

Bank Jago’s President Director, Kharim Siregar, said: "We are proud and excited to work with Gojek, which has a digital footprint that encompasses millions of consumers and businesses throughout the country. This perfectly complements Bank Jago’s deep expertise and understanding of the financial needs of Indonesians.

"We believe that this strategic collaboration – between a tech-based bank like Bank Jago and a Super App like Gojek – is the first of its kind in Indonesia and Southeast Asia and represents a new way to spur growth in digital economies. As a bank designed with an open API, we will go on to work with multiple digital ecosystems to reach a wider audience and drive our aspiration to enhance the finances of millions of people through digital financial solutions."

Bank Jago was founded in 1992 under the name PT Bank Artos Indonesia. In 2020, Bank Artos changed its name to PT Bank Jago Tbk as part of its transformation to become an innovative tech-based bank with the aspiration to enhance the growth of millions through digital financial solutions.

About Gojek

Gojek is Southeast Asia’s leading technology group and a pioneer of the integrated super app and ecosystem model. Gojek is founded on the principle of using technology to remove life’s daily frictions by connecting consumers to the best providers of goods and services in the market.

The company was first established in 2010 focusing on courier and motorcycle ride-hailing services, before launching the app in January 2015 in Indonesia. Since then, Gojek has grown to become the leading super app in Southeast Asia, providing access to a wide range of services from transportation and digital payments, to food delivery, logistics and many other on-demand services.

Gojek now operates across main cities in five Southeast Asian countries. As of June 2020, Gojek’s application and its ecosystem have been downloaded 190 million times by users across Southeast Asia.

As a super app, Gojek is dedicated to solving the daily challenges faced by consumers, while improving the quality of life for millions of people across Southeast Asia, especially those in the informal sector and micro, small and medium enterprises (MSMEs).

The Gojek application is available for download via iOS and Android.

About Jago

Bank Jago journey began in 1992 in Bandung under the name PT Bank Artos Indonesia (Bank Artos).

After 27 years of serving the public with conventional saving, loans, and services, in 2019 Bank Artos entered a new era marked by the entry of PT Metamorphosis Ecosystem Indonesia (MEI) and Wealth Track Technology Limited (WTT) as new controlling shareholders after acquiring Bank Artos shares at 37, 65% (MEI) and 13.35% (WTT).

In June 2020, we changed the name from PT Bank Artos Indonesia Tbk to PT Bank Jago Tbk to begin the transformation to build a Bank of the Future – a bank for everyone to grow together.

Through banking products and services which will be embedded in an ecosystem by optimizing technology, Bank Jago will become an innovative technology-based bank which serves the small and medium enterprises (SME) segment, Retail (Consumer) segment, and mass market segment.

[1] World Bank’s Global Findex, 2017 and 2018
[2] Google, Temasek and Bain & Company; e-conomy report 2019 

PR Newswire

LianLian Global partners with FlavorCloud on international shipping

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LianLian Global gives merchants cross-border payments and shipping in one service

HANGZHOU, China, Dec. 21, 2020 — LianLian Global, a leading technology company for cross-border businesses in partnership with FlavorCloud, a leading cross-border logistics platform, announced the integration of intelligent shipping logic for merchants into the LianLian Global platform. The service is available immediately to merchants based in China at http://logistics.lianlianpay.com

This partnership expands LianLian Global’s payments services for merchants, giving any cross-border company access to the world’s top logistics service providers. This service enables affordable, frictionless, and efficient worldwide shipping, providing end-to-end shipment tracking through FlavorCloud’s worldwide, optimized cross-border network of carriers.

FlavorCloud’s global logistics network will help LianLian Global customers intelligently pair the optimal logistics service customized to each specific order, expanding outbound shipping options, reducing merchant’s decision-making costs, while automating customs clearance and greatly improving delivery times.

With this partnership, LianLian Global’s cross-border technology platform includes services for international payments and shipping services, bringing everything together for merchants in one place while connecting them to global opportunities effortlessly.

Chinese e-commerce players accounted for 76.5% of the total eCommerce cross-border trading in 2019 with a total value of 10.5 trillion Yuan. As the global demand increases for Chinese products, the adoption of technology platforms that make things simple, fast, and easy for Chinese merchants is accelerating. With payments and shipping in one platform, LianLian Global is removing costly and inefficient workflows for merchants, making cross-border eCommerce much simpler to navigate.

David Messenger, CEO of LianLian Global, said, "We are thrilled to partner with FlavorCloud. This collaboration helps us to further our mission to make cross-border eCommerce effortless for merchants across payments and shipping."

He continues: "We’ve heard from our customers that cross-border logistics remains a cumbersome and costly affair. Our integrated solution leverages FlavorCloud’s logistics expertise and network to make international shipping easy, affordable and friction-free for our merchants – no matter where they need to deliver. Together, we’ll create greater efficiencies, transparency, and cost savings for Chinese merchants."

Rathna Sharad, CEO and founder of FlavorCloud, said, "We are pleased to partner with LianLian Global, which is a leading company focused on providing integrated cross-border eCommerce services as-a-platform to merchants. I believe this partnership will disrupt conventional international logistics to empower Chinese merchants to sell to consumers worldwide. FlavorCloud is a fast-growing startup, and the value we deliver to eCommerce merchants and brands is straightforward and meaningful. We hope to continuously enable eCommerce brands to go global and adapt to the changing eCommerce and trade landscape.":

About LianLian Global

LianLian Global is a technology company that connects local sellers to global opportunities.

We make it easy for eCommerce merchants to do more business across borders. When sellers need to receive international payouts, get financing, solve shipping logistics, manage foreign exchange, or pay tax obligations abroad, we simplify the complexity of operating in other countries, giving merchants and sellers the freedom to do business anywhere – seamlessly. 

Part of the LianLian Group, and with licenses and offices in the Americas, Europe, and throughout Asia, LianLian Global is integrated into mainstream e-commerce platforms around the world, with services covering more than 100 countries and regions. www.lianlianglobal.com

About FlavorCloud

FlavorCloud is an end-to-end cross border logistics service platform for Direct to consumer (DTC) brands, retailers, and marketplaces. Their global e-commerce enablement service uses deep learning to evaluate carriers’ historical performance and automatically suggest the best international shipping services and rates at checkout. Additionally, the company offers "friction-free" international returns handling.

Related Links :

http://www.lianlianglobal.com

PR Newswire

China Liberal Education Holdings Limited Starts Higher Volume Production and Expands Domestic Sales Channels of All-in-one Machine AI-Space

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BEIJING, Dec. 18, 2020 — China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", or the "Company", or "we"), an educational services provider in China, today announced that the Company had started higher volume production and expanded domestic sales channels of AI-Space ("AI-Space"), an all-in-one machine designed to provide highly integrated visualization solutions for various scenarios with strict reliability requirements.

The Company has signed four regional sales cooperation agreements (the "Agreements") with four companies (the "Regional Sales Agents") covering the markets of five provincial-level regions in China, which are Sichuan, Shandong, Inner Mongolia, Shanxi and Fujian.

Pursuant to the Agreements, the Company authorized Shanxi Guangyun Jiuzhou Technology Co., Ltd, Chongqing Xueding Commerce and Trade Co., Ltd, Beijing Yunban Technology Co., Ltd and Xiamen Deyu Tiancheng Technology Co., Ltd. as sales agents to sell AI-Space to universities in the regions they cover, effective for one year from January 1 to December 31, 2021. The Regional Sales Agents agreed to take charge of the marketing and sales of AI-Space, maintain the brand image of China Liberal, and collect the sales and market feedback timely.

The Company also signed two project framework agreements (the "Framework Agreements") with two Chinese host universities, namely Fuzhou Melbourne Polytechnic ("FMP") and Straits Institute of Minjiang University ("Minjiang University") on December 10, 2020.

Pursuant to the Framework Agreements, the Company agreed to deliver AI-Space to FMP and Minjiang University by the agreed delivery dates, assist in product debugging and provide after-sales services. FMP and Minjiang University can purchase AI-Space from the Company at a fixed price for 2 years.

AI-Space can be applied to various scenarios including command center, lecture hall, conference room, multi-functional exhibition hall, smart classroom, vehicle emergency, portable command, telemedicine, science and technology court, and smart home. The Company began to develop AI-Space in September 2019, following a thorough market research and demand analysis. AI-Space adopts the design concept of all-in-one, and integrates audio processor, seamless mixed video matrix unit, programmable central control unit, gigabit switch unit, cross-platform runtime, recording and broadcasting codec, video conference terminal and multi-party interactive MCU. It adopts a hot-swappable design, which is easy to operate, has powerful application functions and can be applied to a wide range of applicable scenarios, offering users integrated solutions.

Ms. Ngai Ngai Lam, Chairwoman and CEO of China Liberal, commented, "We are excited to have entered into the Agreements with the Regional Sales Agents after careful selection, and have entered into the framework agreements with FMP  and Minjiang University. These agreements prove our product AI-Space is widely popular and well recognized by the market. Looking ahead, we will select more qualified university sales agents to expand our product’s market layout across China at the earliest time possible to become partners with smart conferences providers, smart homes vendors, and high-end clubs in the future."

About China Liberal Education Holdings Limited

China Liberal, headquartered in Beijing, is an educational services provider in China. It provides a wide range of services, including those under Sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a "smart campus"; and tailored job readiness training to graduating students. For more information, visit the company’s website at ir.chinaliberal.com.

Forward-Looking Statements

This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Investor Relations Contact

China Liberal Education Holdings Limited
Email: ir@chinaliberal.com 

Ascent Investor Relations LLC
Ms. Tina Xiao
Email: tina.xiao@ascent-ir.com 
Tel: +1 917 609 0333

PR Newswire

Pintec enables China Mobile’s subsidiary Aspire Holdings with intelligent fintech solutions

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BEIJING, Dec. 18, 2020 — Pintec Technology Holdings Ltd. ("Pintec"; NASDAQ: PT), a leading independent fintech solutions provider, announced today that it has cooperated with China Mobile Communications Corp. ("CMCC")’s subsidiary Aspire Holdings Ltd. to jointly develop advanced fintech solutions, leveraging Pintec’s big data analytics and AI technology capabilities.

Aspire Holdings Ltd is one of the earliest pioneers to launch mobile data services and has been actively facilitating CMCC in exploring and expanding businesses in the areas such as IT, ICT and the Internet. The company has been actively exploring big data and AI technologies in business applications in recent years.

Pintec has a wealth of experiences in cross-scenario fintech solutions and has supported various AI-enabled business applications to date. Pintec’s technological capabilities include big data product design, credit risk modeling, operation and risk management, as well as system development and implementation which perfectly suit Aspire’s needs and complement our leading ICT capabilities in this area, said Aspire.

Dr. Victor Huike Li, chief executive officer of Pintec, commented: "Pintec is one of the earliest fintechs to have built a long and prosperous cooperation with all of the major telcos in China – including China Mobile, China Telecom and China Unicom. We have accumulated in-depth experience in enabling our partners with end-to-end digital financial services, and are well positioned to enable Aspire with its transformation towards integrating financial services into its businesses and drive digital growth in the 5G era. By joining hands with Aspire, we also hope to explore more business opportunities to ride the wave of digital revolution."

Pintec offers its partners a full suite of customized solutions by leveraging its scalable and reliable technology infrastructure such as big data analytics, artificial intelligence and process automation. The solutions and services provided range from digital retail lending, digital business lending, robotic process automation, to wealth management and insurance products.

PR Newswire

uCloudlink and ING Bank Bring High-quality Mobile Network Connectivity to the Banking Sector for Fifth Consecutive Year

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HONG KONG, Dec. 17, 2020 — UCLOUDLINK GROUP INC. ("uCloudlink") (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, and ING Bank N.V. ("ING") are entering their fifth year of cooperation for ING branches worldwide. Over the past half-decade, uCloudlink has remained committed in its efforts to help ING employees and users enjoy high-quality reliable mobile network access at any time and anywhere.

Since the partnership began in 2016, uCloudlink has been providing ING with global mobile data connectivity solutions. The company has supported ING executives and business travelers from branches in the Netherlands, Spain, the Philippines, Singapore, Turkey, the United Kingdom, the United States and other countries to remain connected without limitations during frequent international business trips, while reducing the cost of global roaming.

Those in the banking and finance sector have high requirements for internet connectivity at home and abroad. For enterprises with a large number of employees frequently travelling overseas, a flexible, efficient and reliable mobile connection is important to facilitate increased efficiency and maximum returns from the trip. However, global roaming has historically been expensive and unreliable, leading to wasted time and resources when abroad. uCloudlink provides a better solution by offering a selection of convenient options and diverse plans for reliable international mobile data connectivity.

As a leading banking and financial services company, ING entered an enterprise cooperation agreement with uCloudlink five years ago, in order to provide mobile Wi-Fi terminal products and services for employees and users. Leveraging its core patented CloudSIM technology, uCloudlink dynamically and intelligently selects the most suitable mobile network depending on the user’s location — allowing ING staff and users to enjoy superior mobile connectivity across different regions and various network operators. As the partnership approaches the five-year mark, the strength and endurance of the cooperation is a testament to the quality of uCloudlink’s products and services, which stand the test of time.

In addition to its partnership with ING, uCloudlink’s flexible global data roaming service plans can be tailor-made for a wide range of enterprises to allow better cost savings, resource management and support. At present, uCloudlink has provided services for various global institutions. Furthermore, a number of executives and employees of multinational investment firms personally purchase and use uCloudlink products and services, either from online store or via the APPs such as GlocalMe.

Looking ahead, uCloudlink looks forward to serving more enterprise customers seeking cost-effective and reliable data connectivity with low network latency, to be used locally and internationally. With its core patented technologies, extensive products and services, and significant investment in R&D, uCloudlink will allow business partners and users from just "connected" to "superior connection".

uCloudlink will continue to expand its high-tech solutions to new industries as it seeks to establish its ecosystem globally, and dedicate itself to exploring new business opportunities in domestic and overseas markets.

About UCLOUDLINK GROUP INC.

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

 

PR Newswire

Canon Hongkong and C&C Joint Printing announce a strategic partnership for the purchase of the first Canon ProStream 1000 series color inkjet press in the China market

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HONG KONG, Dec. 14, 2020 — Canon Hongkong Co., Ltd. (Canon HK) and C&C Joint Printing Co., (HK) Ltd. (C&C) co-organized a signing ceremony on 10 Dec 2020, to celebrate the purchase of the first Canon ProStream 1000 series color inkjet press in the China market. The series breaks down boundaries of traditional printing that relies heavily on manual operation and experience. By employing intelligent and automation technologies, it enables the printing industry to advance towards smart manufacturing in the context of industry 4.0 and lead the trend for digital printing.

 

1. Mr. Shunichi Morinaga, President and CEO of Canon Hongkong Co., Ltd. (Right) and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. completed the signing process of the partnership agreement.
1. Mr. Shunichi Morinaga, President and CEO of Canon Hongkong Co., Ltd. (Right) and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. completed the signing process of the partnership agreement.

 

2. Mr. Shunichi Morinaga, President and CEO of Canon Hongkong Co., Ltd. (Right) and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. toasted to the guests to celebrate the partnership and congratulate C&C 40th Anniversary.
2. Mr. Shunichi Morinaga, President and CEO of Canon Hongkong Co., Ltd. (Right) and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. toasted to the guests to celebrate the partnership and congratulate C&C 40th Anniversary.

 

3. Group photo of (From left) Mr. Zhan Feng, Assistant General Manager, Mr. Hung Yuen Man, Deputy General Manager, Mr. C.K. Chau, Deputy General Manager and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. and Mr. Shunichi Morinaga, President and CEO, Mr. Philip Chan, Senior Director & General Manager, Mr. Louis Hui, Assistant Director, Mr. Matthew Chu, Assistant Director and Mr. Louis Woo, Senior Sales Manager of Canon Hongkong Co., Ltd.
3. Group photo of (From left) Mr. Zhan Feng, Assistant General Manager, Mr. Hung Yuen Man, Deputy General Manager, Mr. C.K. Chau, Deputy General Manager and Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd. and Mr. Shunichi Morinaga, President and CEO, Mr. Philip Chan, Senior Director & General Manager, Mr. Louis Hui, Assistant Director, Mr. Matthew Chu, Assistant Director and Mr. Louis Woo, Senior Sales Manager of Canon Hongkong Co., Ltd.

 

4. Canon ProStream 1000 series color inkjet press employs advanced digital printing technology. Its outstanding output quality and automated workflows can assist businesses to further step towards Industrial 4.0 for optimized operation, accelerated market development and unlimited possibility.
4. Canon ProStream 1000 series color inkjet press employs advanced digital printing technology. Its outstanding output quality and automated workflows can assist businesses to further step towards Industrial 4.0 for optimized operation, accelerated market development and unlimited possibility.

Canon HK and C&C have long been engaging in strategic partnership. Mr. Jackson Leung, CEO of C&C Joint Printing Co., (H.K.) Ltd., said, "Being an industry game-changer, ‘inheritance’ and ‘innovation’ are always fundamental to our business. Canon’s achievements on optical, imaging and color aspects are highly recognized in the industry. We believe they will provide excellent product and service to us." As early as 2012, C&C has started to combine digital printing and traditional printing workshops. They have conducted a thorough investigation on the development of digital printing in terms of inkjet technology, quality, speed, automated workflows and the compatibility with their business. On the occasion of their 40th Anniversary, they finally met the most suitable printing system — ProStream 1000 series color inkjet press at this perfect timing to make their objective possible.

Industry 4.0 implementation is the only way for the printing industry. A large part of it is the use of technologies such as the Internet of Things (IoT), Artificial Intelligence and big data in merging the virtual and the physical worlds. After integrating intelligent components in print workflow, most procedures will be automated. ProStream 1000 series can complete end-to-end workflow independently with plan-ahead production. This will eliminate a large volume of manual processing and allow human resources to be shifted to more valuable tasks. Staff can monitor progress of each print job and the completion time of each procedure through the system dashboard to increase transparency. Mr. Shunichi Morinaga, President and CEO of Canon Hongkong Co., Ltd. and Chairman of Canon Business Solutions (Guangdong) Co., Ltd., said, "ProStream 1000 series adopted a variety of automation elements. With the endeavors of Canon HK and our solely owned subsidiary in this collaboration, C&C must be able to unleash the potential of the series to further develop in the printing market in Greater Bay Area and across China. Furthermore, we are sure that the maturity of digital printing and the series can assist C&C to further transit to Industry 4.0, empowering them to a greater extent in the midst of digital transformation."

To fulfill the needs of the rapidly changing market conditions, C&C has been striving to transform digitally through the "connect and smart" concept. The ultimate goal is to enhance customer experience with a digital operating model. As inkjet technology has become more mature and well established, our flagship product — ProStream 1000 series delivers high speed and outstanding productivity. Its monthly duty cycle is up to 35 million A4 impressions. It also produces lines and text that are sharp and crisp on both coated and uncoated papers. Together with the native 1,200 dpi level, the print quality is comparable to offset printers and is able to meet the requirements of high-end customers on photo album and artwork printing. Furthermore, it offers print-on-demand (POD) service that allows flexible print amount based on actual needs. This will help businesses to reduce the cost of inventory and free up the space on storage. Personalization is another benefit of POD technology, which elevates product uniqueness and business competitiveness by customizing designs for different target segments. Hence, companies can expand to new markets and create new business opportunities for sustainable growth.

Canon HK and C&C both attach great importance to innovation and adopt a similar business philosophy. Not merely are they adhere to continual improvement on aspects including product R&D, service quality, and marketing, but also optimize customer experience through innovation whilst maintain performance superiority. "Canon HK believes that the cooperation will lead to unlimited possibilities and contribution to the printing industry and development of business in the Greater Bay Area in the coming future," Mr. Shunichi Morinaga said.

About Canon Hongkong Company Limited

Canon Inc. (TSE:7751 / NYSE:CAJ) was founded in 1937 in Japan. Its predecessor, Precision Optical Instruments Laboratory, produced Japan’s first 35 mm focal-plane-shutter camera "Kwanon" in 1934. Canon Inc. eventually expanded into the photocopying and printing industries, launching Japan’s first plain-paper copier NP-1100 in 1970 and the world’s first inkjet printer BJ-80 in 1985. Through the years, Canon Inc. has acquired in-depth experience in digital imaging product manufacturing, and research and development. It is a leader in the development of innovative products and holds the most technology patents in the imaging industry. Canon Inc. also makes a significant contribution to the promotion of photography. Today, Canon Inc. has a strong global presence and is one of the most important market players in the imaging, office and industrial product categories. As of 31 December 2019, Canon’s global revenue was US$32.7 billion.

One of the company’s first offices in Asia, Canon Hongkong Co., Ltd. (Canon HK) was established in 1971. It is responsible for the sales, marketing and after-sales services for all Canon product lines in Hong Kong and Macau. With the solely owned subsidiary Canon Business Solutions (Guangdong) Co., Ltd. established in 2018, the company can also provide intelligent total business solutions and professional services to companies in the Greater Bay Area. Canon HK adheres to Canon’s corporate philosophy of "kyosei", which encourages the company and its staff to participate in social, charitable and environmental activities in the community. Canon HK implements internationally-recognized management systems and has achieved ISO 9001, ISO 14001, ISO 27001 (Canon Digital Production Center) and OHSAS 18001 certification.

PR Newswire

Mapúa University, Malayan Colleges Laguna and Malayan Colleges Mindanao Select McGraw Hill’s ALEKS and Connect Solutions for Math and Science Courses

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The partnership will further increase the capability to deliver quality, fully online courses

SINGAPORE, Dec. 14, 2020 — Mapúa University and its subsidiaries, Malayan Colleges Laguna and Malayan Colleges Mindanao, premier technology and engineering institutions based in the Philippines, have chosen McGraw Hill’s ALEKS adaptive learning software and Connect digital platform to enhance the learning experiences of students in Engineering, Chemistry, Mathematics, Psychology, Accounting and other course areas. The two programs will be made available to nearly 6,000 Mapúa University students in the academic year 2020-2021, representing the latest step in Mapúa University’s ongoing efforts to deliver world-class online lectures and laboratory courses.

"Mapúa University has consistently been a leader in delivering quality education to its students," said Dr. Bonifacio T. Doma, Jr., Executive Vice President for Academic Affairs, Mapúa University. "Our partnership with McGraw Hill will help to strengthen the university’s capabilities of delivering outcomes-based, fully digital education solutions that enrich our students’ learning experiences and that also help teachers to develop more creative, effective and efficient teaching styles."

For more than 20 years, McGraw Hill ALEKS has helped educators in Math and Chemistry to quickly and accurately focus in on exactly which topics students understand and which topics they need help with, empowering teachers to deliver the most effective instruction possible. Built on the theory of "knowledge spaces" from cognitive science, ALEKS (Assessment and LEarning in Knowledge Spaces) uses artificial intelligence to create personalized and dynamic learning paths for K-20 students based on their individual needs. To date, ALEKS has served more than 20 million students at thousands of K-12 schools, colleges and universities throughout the world. 

McGraw Hill’s Connect platform is a digital learning solution that also offers the course management and adaptive learning solution SmartBook 2.0, which creates a new reading experience for students. Using SmartBook 2.0, each student can better identify topics that they already know and also learn new topics through the technology’s ability to understand topics they’re ready to learn next. The software also measures the length of time each student spends on assessment and creates questions that evaluate the student’s understanding of a certain concept.

"We are proud to partner with Mapúa University to help their students achieve a higher level of educational outcomes by leveraging our industry-leading ALEKS and Connect learning platforms," said Joseph Chong, Managing Director of McGraw Hill in Asia. "As we continue to navigate the challenges of remote learning during the COVID-19 pandemic, this initiative reaffirms both McGraw Hill’s and the university’s commitment to providing innovative, high quality digital solutions to help each student succeed."

About Mapúa University

Mapúa University is a premier engineering and technological university in the Philippines. A 4-Star institution under the QS Stars Rating System and a QS Asia Top 500 university, it envisions itself to be among the best universities in the world, unceasingly fostering its long tradition of leading-edge excellence in various fields of studies and providing students a learning environment that will make them globally competitive.

Offering locally and internationally accredited academic programs and other developmental programs that provide international learning opportunities to its students, a Mapúa education meets global quality standards of the professions for which it prepares graduates.

A recognized leader in digital education and online learning in the Philippines, Mapúa continuously provides enriching and engaging learning experiences to its students using the latest in educational technology, enhancing its capability for effective teaching and learning in a digital environment.

McGraw Hill

McGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. We focus on educational equity, affordability and learning success to help learners build better lives. Headquartered in New York City, McGraw Hill has offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for PreK-12, higher education, professionals and others available in more than 75 languages. Visit us at mheducation.com or find us on Facebook, Instagram, LinkedIn or Twitter.

Contact:
Tyler Reed
McGraw Hill
(914) 512-4853
tyler.reed@mheducation.com