Tag Archives: RLT

Applitools Introduces Automation Cookbook and Test Kitchen to Help Engineers Break Down Coding Recipes


Automation Cookbook is the industry’s first resource to compile short how-to videos focused on teaching engineers how to complete necessary day-to-day tasks for test automation

SAN MATEO, Calif., April 8, 2021 — Applitools, provider of a next generation test automation through Visual AI and Ultrafast Test Cloud, today announced the launch of its "Automation Cookbook," featuring free bite-sized videos aimed to upskill developers and test engineers of all experience levels. Anyone looking for quick answers to their test automation questions can use recipes to solve everyday challenges and also practice in the Test Kitchen for free. The initiative is led by Angie Jones, Senior Director of Developer Relations at Applitools and Test Automation University, with contributions from Colby Fayock, Developer Advocate at Applitools.

For more information and to use the Automation Cookbook, visit: https://applitools.com/cookbook/

The Automation Cookbook is the latest test automation resource Applitools is releasing to increase its supply of free and accessible learning resources online for the dev community. It is supplementary to Test Automation University, which has surpassed more than 80,000 students to date and is the flagship resource for engineers to learn new tools and programming languages across various topics in automation.

Since Test Automation University launched in 2019, Applitools has received requests for additional resources to help people quickly find answers to frequent day-to-day questions. Now, with the Automation Cookbook, there is a place to serve bite-sized content in one place without needing to sift through an endless web of long video tutorials, online forums, and Q&A threads just to end up with broken code examples.

"Based on feedback from the community, our goal with the Automation Cookbook is to help engineers get answers to frequently asked questions with a visual coding recipe," said Fayock.

The launch of the Automation Cookbook includes 12 videos featuring two of the most prominent test automation frameworks for functional testing of web apps, Selenium WebDriver and Cypress. Each framework has six total videos to start. New videos will be added regularly with additional frameworks planned to be featured in the future. The videos range anywhere from 3-10 minutes in length.

Initially, recipes for both Selenium WebDriver in Java as well as Cypress in JavaScript are available:

  • Uploading Files
  • Interacting with Alerts
  • Selecting from Dropdowns
  • Verifying Sortable Tables
  • Interacting with Browser Notifications
  • Taking Screenshots

Unlike Test Automation University, which focuses on long-form education of complete learning pathways, the Automation Cookbook focuses only on specific tasks. To help engineers practice, Applitools created an open source website, Test Kitchen, with common web widgets to allow anyone to hone their test automation skills and knowledge.

For a pantry full of web components that can be used for automated testing, visit the Test Kitchen: https://kitchen.applitools.com/

"For many engineers, it’s common to run into a problem while writing a test. Whether you’re trying to work with alerts or upload a file, you may not be looking for an entire end-to-end course, but a quick solution to a single problem," said Jones. "We have designed this short-form education program to answer your questions accordingly."

About Applitools

Applitools delivers a Next Generation Test Automation Platform through Visual AI and Ultrafast Grid. We enable engineering teams to release high quality web and mobile apps at incredible speed and at a reduced cost.

Applitools Visual AI modernizes important test automation use cases — Functional Testing, Visual Testing, Web and Mobile UI/UX Testing, Cross Browser Testing, Responsive Web Design Testing, Cross Device Testing, PDF Testing, Accessibility Testing and Compliance Testing — to transform the way organizations deliver innovation at the speed of CI/CD at a significantly lower Total Cost of Ownership (TCO).

Hundreds of companies from verticals such as Tech, Banking, Insurance, Retail, Pharma, and Publishing — including 50 of the Fortune 100 — use Applitools to deliver the best possible digital experiences to millions of customers on any device and browser, and across every screen size and operating system.

Applitools is headquartered in San Mateo, California, with an R&D center in Tel Aviv, Israel. For more information, please visit applitools.com.

Contact:
Jeremy Douglas
Catapult PR-IR
303-581-7760, ext. 16
jdouglas@catapultpr-ir.com

Logo – https://techent.tv/wp-content/uploads/2021/04/applitools-introduces-automation-cookbook-and-test-kitchen-to-help-engineers-break-down-coding-recipes.jpg

MRI Software Acquires Palace, New Zealand’s Leading Property Management Solution Provider


Global PropTech company extends its footprint in ANZ with addition of software for regional property managers and agencies

AUCKLAND, New Zealand, March 31, 2021 — MRI Software, a global leader in real estate software, announces that it has acquired Palace, New Zealand’s market-leading provider of residential property management solutions. The acquisition extends MRI’s offering and market presence in New Zealand while giving Palace and its clients access to the innovation, scale and partnerships of a well-established industry leader.

"Our acquisition of Palace is part of MRI’s strategic global growth plan and a welcome addition to our Asia-Pacific business," says David Bowie, MRI Software’s Senior Vice President and Managing Director, Asia-Pacific. "Bringing Palace into the MRI fold enhances our ability to serve the New Zealand market by empowering property managers and agencies with solutions that help them keep pace with local reporting and compliance requirements, including the healthy homes standards."

Founded in 1999 and with offices in Auckland and Wellington, Palace has over 700 clients, who use its solutions to manage more than 150,000 properties. Palace’s extensive partner program, which includes more than 40 partnerships and integrations, will offer expanded flexibility and choice for MRI clients in the region. MRI will continue to support, without interruption, the property managers and agents that use Palace.

Michael Abbott, Palace’s Chief Executive Officer, adds: "Palace and MRI are a great fit. Both companies are firmly committed to an open and connected approach that gives clients the flexibility to integrate the solutions that work best for their business. The deal strengthens MRI’s local expertise, while Palace and its clients gain access to additional property and workplace solutions as well as administrative and financial tools for managing wider property portfolios."

The deal comes on the heels of MRI’s acquisition of Wellington-based WhosOnLocation, further extending MRI’s presence in New Zealand. Since MRI’s August 2019 acquisition of Rockend, the leading residential property management player in Australia, the company has grown its offering in the ANZ region to cover the full scope of solutions across the residential, commercial, investment and occupier sectors.

Clare Capital, a Wellington-based corporate finance advisory firm, acted as the exclusive financial advisor to Palace.

About MRI Software
MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI’s comprehensive, flexible, open and connected platform empowers owners, operators and occupiers in commercial and residential property organizations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than two million users worldwide. Through leading solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to elevate their business and gain a competitive edge. For more information, please visit mrisoftware.com.

Media Contacts:
(ANZ for MRI)
Heather Jones (+61 400 394 669)
heather@hjconsulting.com.au 

(EMEA for MRI)
Platform Communications
Hugh Filman (+44 7905 044850)
or Zoe Mumba (+44 7725 832393)
mri@platformcomms.com

(US for MRI)
Rachel Antman (+1 212 362 5837)
rachel@saygency.com 

Logo – https://techent.tv/wp-content/uploads/2021/03/mri-software-acquires-palace-new-zealands-leading-property-management-solution-provider.jpg

Related Links :

Home Page

CamLy Group unveils CamLy Platform and CamLyLife as part of its digital ecosystem to provide technological solutions to the world

LOS ANGELES, March 24, 2021 — CamLy Group, a leading consultancy firm in Vietnam specializing in immigration, real estate, financial investment, has tapped into the technology industry and launched two new startups: CamLy Platform and CamLyLife.

CamLy Platform provides a digital platform which offers a global real estate investment technology marketplace for users while CamLyLife is a business and entertainment platform that offers simulation experiences. These digital platforms pave the way for a digitalized Vietnam and are part of CamLy Group’s digital eco-system that offers digital solutions to the world.

CamLy Platform and CamLyLife joins the global digital revolution to provide technological solutions across industries
CamLy Platform and CamLyLife joins the global digital revolution to provide technological solutions across industries

These two companies are the intellectual products of the Founder of CamLy Group, Ms. Cam Ly Duong, a female leader and pioneer businesswoman in the field of international real estate investment who has raised more than US$500 million for North America Real estate market. In 2020, she was selected as one of the top 25 Global CEOs in the Immigration Consulting Field by Uglobal Immigration Magazine.

"The CamLy Group’s main vision is to offer the world happiness and prosperity through investing in harmony and humanity. We build platforms integrating the world’s most modern technologies to expand our horizons. Applying the "Sharing Economy" mindset to our projects, these platforms are expected to create jobs for the Vietnamese community and around the world. Our goal is to create value for humanity, and at the same time bring Vietnam to the global stage by becoming the first Vietnamese company with a technology product and platform to be listed on the New York Stock Exchange," said Ms. Cam Ly Duong.

Ms. Cam Ly Duong, Founder of CamLy Group
Ms. Cam Ly Duong, Founder of CamLy Group

CamLy Platform highlights the idea of "Sharing and Connecting" through connecting real estate developers around the world, and mobilizing global investment capital quickly and safely.

CamLy Platform aims to create millions of jobs in the global real estate business through one of its schemes – the Global Investment Ambassadors (GIA) programme. The programme trains ambassadors to become an expert in the global real estate investment field and allows them to identify investment opportunities in potential markets. Currently, CamLy platform is operational and has presence in Vietnam, the United States and various Asian countries.

CamLyLife is a global simulation tech platform that is targeting two billion users. Acting as both a business and entertainment app, CamLyLife is a humanistic playground that helps users expand their business, experience new technologies such as Fintech and Blockchain, in a creative, virtual setting.

CamLyLife also boosts users’ online experience by offering a realistic experience virtually. It provides swift transactions, instant data on supply and demand and linking to websites such as AirBnB, Amazon, and other service providers. This app is applicable to different industries including real estate, entertainment, education, and finance.

"2020 had been a challenging year for businesses. With a positive mindset, CamLyGroup has found great growth opportunities through CamLyPlatform and CamLyLife. We will continue to promote our two platforms, bringing a completely new experience to the world and boosting the position of Vietnamese people in the international market. We expect these two platforms to become two unicorn start-up projects and attract investors from all over the world", said Ms. Cam Ly Duong.

Ms. CamLy Duong also aims to increase the brand’s humanitarian efforts, a topic close to her heart. She has long admired Mr. Elon Musk for his intelligence, great vision, and the courage to commit himself to serve humanity. The CamLy Group’s founder strives to follow in Musk’s footsteps and is known for her great love and offers unconditional donations. Ms. CamLy Duong created the CamLy Foundation to carry out volunteer activities and technology will be applied to the foundation to enhance the spirit of volunteerism globally in the future.

About CamLy Group

CamLy Group comprises of a group of leading companies in Vietnam including ImmiCa – is a leading company in the field of US immigration investment consulting EB5 and USHome – a reputable US real estate investment consultancy. Starting in 2019, CamLy Group has begun entering the technology industry and has since launched CamLy Platform and CamLyLife.

Valtrix and Codasip Cooperate on Verification of RISC-V Systems

BANGALORE, India and MUNICH, March 24, 2021 — Valtrix Systems, the provider of design verification products for building functionally correct CPU and system-on-chip implementations, and Codasip, the leading supplier of customizable RISC-V® embedded processor IP, announced today that they are cooperating on the verification of RISC-V-based systems.

The cooperation is based on applying the Valtrix STING product to add to Codasip’s extensive methodologies for processor verification. STING’s design verification capabilities are perfectly suited to verify processors, given its ability to generate portable self-checking stimulus across multiple device-under-test environments and to allow users to exercise architectural and micro-architectural features using its test stimulus programming framework.

"Complex CPU and SoC implementations require thorough verification before the products are released to the end user," said Shubhodeep Roy Choudhury, Valtrix CEO. "STING provides a powerful and well-proven design verification methodology for testing the architectural compliance and functional correctness of RISC-V features and extensions. We are very proud to partner with Codasip and support their engineering teams with STING for their verification needs."

"Codasip practices rigorous verification in order to ensure the quality of its processor IP products," said Philippe Luc, Director of Verification at Codasip. "Codasip has always used multiple approaches in its verification strategy, and engaging with Valtrix and using the STING tools gives another complementary source of processor stimuli. STING produces tests in a unique way on the market and can help uncover bugs before the release of our products."

Codasip uses the combination of Codasip Studio, in-house tools, and third-party tools for processor verification. For example, processors are verified at the component level using dedicated random pattern generation and directed tests. At top level, architecture tests are used on top of in-house program generators. Consistency checkers ensure identical execution between the golden reference and the RTL. Formal techniques are also employed to ensure quality. Using the Valtrix STING product in this cooperation adds another level of testing to Codasip’s RISC-V processors.

About Valtrix’s STING Design Verification Tool

STING is a design verification platform for RISC-V-based implementations. It can be configured to generate portable bare-metal programs containing self-checking architecturally correct test stimulus, which can then be enabled on simulation, FPGA prototypes, emulation, or silicon. For more information on Valtrix’s design verification technology and products, visit www.valtrix.in.

About Codasip

Codasip delivers leading-edge RISC-V processor IP and high-level processor design tools, providing IC designers with all the advantages of the RISC-V open ISA, along with the unique ability to customize the processor IP. As a founding member of the RISC-V Foundation and a long-term supplier of LLVM and GNU-based processor solutions, Codasip is committed to open standards for embedded and application processors. Formed in 2014 and headquartered in Munich, Germany, Codasip currently has R&D centers in Europe and sales representatives worldwide. For more information about our products and services, visit www.codasip.com. For more information about RISC-V, visit www.riscv.org.

Media Contacts:

Shubhodeep Roy Choudhury, CEO, Valtrix
E-mail: deepsrc@valtrix.in

Roddy Urquhart, Senior Marketing Director, Codasip
E-mail: rurquhart@codasip.com

Related Links :

http://valtrix.in

Leju to Report Fourth Quarter and Full Year 2020 Financial Results on March 26, 2021

BEIJING, March 12, 2021 — Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2020 before the U.S. markets open on March 26, 2021.

Leju’s management will host an earnings conference call on March 26, 2021 at 7 a.m. U.S. Eastern Time (7 p.m. Beijing/Hong Kong Time).

Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call, using participant dial-in numbers, Direct Event passcode and unique registrant ID which would be provided upon registering. You will be automatically linked to the live call after completion of this process, unless required to provide the conference ID below due to regional restrictions.

PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/9117658  

CONFERENCE ID: 9117658

A replay of the conference call may be accessed by phone at the following number until April 3, 2021:

U.S./International:

+1-855-452-5696

Hong Kong:           

800-963-117

Mainland China:    

400-632-2162

Passcode:               

9117658

Additionally, a live and archived webcast will be available at http://ir.leju.com.

About Leju

Leju Holdings Limited ("Leju") (NYSE: LEJU) is a leading e-commerce and online media platform for real estate and home furnishing industries in China, offering real estate e-commerce, online advertising and online listing services. Leju’s integrated online platform comprises various mobile applications along with local websites covering more than 380 cities, enhanced by complementary offline services to facilitate residential property transactions. In addition to the Company’s own websites, Leju operates the real estate and home furnishing websites of SINA Corporation, and maintains a strategic partnership with Tencent Holdings Limited. For more information about Leju, please visit http://ir.leju.com.

For investor and media inquiries, please contact:

Ms. Christina Wu
Leju Holdings Limited
Phone: +86 (10) 5895-1062
E-mail: ir@leju.com

Philip Lisio
Foote Group
Phone: +86 135-0116-6560
E-mail: phil@thefootegroup.com

Planon acquires a majority stake in real estate software company Reasult B.V.

NIJMEGEN, Netherlands, Jan. 20, 2021 — The Planon Group and Reasult today announced that Planon has acquired a majority share in Reasult B.V., founded in 2000 and headquartered in Ede (The Netherlands). Reasult is a software company that optimises the financial performance of real estate portfolios and projects. Reasult’s leading software solutions are used by real estate developers, asset managers and social housing corporations in the Dutch- and German-speaking markets. Example customers are Amvest, a.s.r. real estate, VolkerWessels and HANSAINVEST.

The Reasult software suite includes solutions for real estate development, asset- and portfolio- management, valuation management and financial planning. Planon will combine the Reasult applications with its own solutions for asset management and tenant management and engagement, into one software suite. By doing so Planon aims to support real estate owners and investors in optimising the performance of their property portfolio from a financial, building operations and tenant engagement perspective.

Pierre Guelen, CEO and founder of the Planon Group, stated, "This acquisition is one of the first steps in Planon’s ambitious goals to accelerate its future growth. Planon firmly believes in the strength of Reasult’s solutions and its organisation, both from a technical perspective and due to its extensive market knowledge and experience. It is therefore Planon’s plan to continue to expand the Reasult software suite, as it has done with previously acquired solutions such as SamFM and conjectFM. I am very excited about this acquisition and the possibilities it will offer to customers of both organisations to further develop their current solutions into an end-to-end property portfolio management solution."

Aart Zandbergen, CEO at Reasult, said, "As co-founder of Reasult 20 years ago, I am very excited about becoming part of a fast-growing global specialist in the field of building operations and service digitalisation. With this move, Reasult will be able to further fulfil its strategy of offering a leading platform for optimising real estate in the broadest sense. As part of a market leading organisation, our customers and employees will definitely benefit from this strategic step. The Planon and Reasult solutions are complementary which drives synergy and innovation. This collaboration will allow us to serve our customers in the best way possible and deliver innovative products to help real estate companies be ‘the best in class.’"

Related Links :

https://planonsoftware.com

Caohejing Hi-Tech Park Releases Science and Technology Innovation Index Map for 2020

SHANGHAI, Jan. 15, 2021 — On January 12, the 2020 Caohejing Hi-Tech Park Science and Technology Innovation Index Map was published and unveiled at the opening ceremony of the 5th Caohejing Hi-Tech Carnival. This event coincided with the release of the 4th issue of the park’s innovation index report series.

Caohejing Index Map
Caohejing Index Map

During the 13th Five-Year Plan, for the purpose of accurately representing the formation rules of global innovation centers in science and technology and accelerating the construction of important carrier and innovation clusters, Caohejing Hi-Tech Park focused on the basic framework of an innovation ecosystem and built a science and technology innovation index system with "six forces" at its core. Qualitative and quantitative analyses were conducted in areas of innovative economy growth, innovative resource aggregation, innovation outputs, innovative service improvement, innovative industry development and innovative environment construction. These studies objectively reflected the park’s performance in building the science and technology innovation center, providing typical insight and experience.

The park’s science and technology innovation index is calculated using 2011 as the base period (reference value of 60). According to the report, the index moved up to 186.8 as of the end of 2018 with 15.93% year-on-year growth. The compound annual growth rate during the 13th Five-Year Plan period was 13.55%. Across the measured indicators, six first-level indicators all saw rapid and steady growth. These indicators were: supporting force for science and technology innovation, demonstrating force of science and technology service, aggregating force of innovation platforms, pioneering force of innovation commercialization, leading force of emerging industries and benchmarking force of urban renewal.

Science and Technology Innovation Index PLUS

In 2020, the park adopted the concept of an "innovation map" in its science and technology innovation index. Indicator data and regional space resource distribution are combined to form the science and technology innovation enterprise map, innovative industry map, science and technology service technology, innovations map and fintech map, serving as the "instrument panel" and "navigator" for its innovation-driven development.

 The index map focuses on science and technology innovation and future industry development, visually reflects the aggregation and interaction degree of various innovators and elements in the park and shows the independent innovation degree of enterprises and levels of high-tech products. In addition to this, it also represents the development of the park’s economy featuring new technologies, industries, business types and development patterns. At the same time, the index map is committed to strengthening the park’s brand by building an innovation information service center to guide the launch of innovation projects, distribution of innovation resources and participation of social capital.

HRH Prince Mohammed bin Salman announces THE LINE at NEOM


A revolution in urban living

– Free of cars and streets, residents will have nature and all daily needs within a five-minute walk

– To create 380,000 jobs of the future and contribute SAR 180bn ($48bn) to GDP by 2030

– 170km linear development of hyper-connected AI-enabled communities powered by 100% clean energy 

RIYADH, Saudi Arabia, Jan. 11, 2021 PRNewswire/ — His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced THE LINE, a revolution in urban living at NEOM, and a blueprint for how people and planet can co-exist in harmony.


THE LINE, a 170km belt of hyper-connected future communities, without cars and roads and built around nature, is a direct response to some of the most pressing challenges facing humanity today such as legacy infrastructure, pollution, traffic, and human congestion.

A cornerstone of Saudi Vision 2030 and an economic engine for the Kingdom, it will drive diversification and aims to contribute 380,000 jobs of the future and SAR180 billion (USD48 bn) to domestic GDP by 2030.

His Royal Highness said: "Throughout history, cities were built to protect their citizens. After the Industrial Revolution, cities prioritized machines, cars and factories over people. In cities that are viewed as the world’s most advanced, people spend years of their lives commuting. By 2050, commute durations will double. By 2050, one billion people will have to relocate due to rising CO2 emissions and sea levels. 90% of people breathe polluted air. Why should we sacrifice nature for the sake of development? Why should seven million people die every year because of pollution? Why should we lose one million people every year due to traffic accidents? And why should we accept wasting years of our lives commuting?"

"Therefore, we need to transform the concept of a conventional city into that of a futuristic one," His Royal Highness added. "Today, as the Chairman of the Board of Directors of NEOM, I present to you THE LINE. A city of a million residents with a length of 170 km that preserves 95% of nature within NEOM, with zero cars, zero streets and zero carbon emissions."

THE LINE is the first time in 150 years that a major urban development has been designed around people, not roads. Walkability will define life on THE LINE – all essential daily services, such as schools, medical clinics, leisure facilities, as well as green spaces, will be within a five-minute walk.

Ultra-high-speed transit and autonomous mobility solutions will make travel easier and give residents the opportunity to reclaim time to spend on health and wellbeing. It is expected no journey will be longer than 20 minutes.

THE LINE’s communities will be cognitive, powered by Artificial Intelligence (AI), continuously learning predictive ways to make life easier, creating time for both residents and businesses. An estimated 90% of available data will be harnessed to enhance infrastructure capabilities far beyond the 1% typically utilized in existing smart cities.

Redefining sustainability, THE LINE will comprise carbon-positive urban developments powered by 100% clean energy, providing pollution-free, healthier and more sustainable environments for residents. Mixed-use communities will be built around nature, instead of over it.

NEOM’s sectors of the future, headed by global industry leaders, are already addressing some of the world’s most pressing challenges. They are pioneering a new marketplace for breakthrough innovations and creating opportunities to attract talent, investors and partners to become part of its business ecosystem.

Construction of THE LINE will commence in Q1 of 2021. THE LINE is one of the most complex and challenging infrastructure projects in the world and forms part of extensive development work already underway at NEOM.

NEOM is part of the world-class, diversified portfolio of Saudi Arabia’s Public Investment Fund, one of the largest sovereign wealth funds in the world.

About NEOM

NEOM is an accelerator of human progress and a vision of what a New Future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this New Future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional liveability, creating thriving businesses, and reinventing environmental conservation.  

NEOM will be the home and workplace to more than a million residents from around the world. It will include towns and cities, ports and enterprise zones, research centres, sports and entertainment venues, and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate and commercialize new technologies and enterprises in ground-breaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity – all supported by a progressive law compatible with international norms and conducive to economic growth. 

For further information 

Link to announcement speech – NEOM YouTube Channel

Email media@NEOM.com or visit www.NEOM.comhttps://newsroom.neom.com/ and https://whatistheline-newsroom.neom.com/ 

Info – https://techent.tv/wp-content/uploads/2021/01/hrh-prince-mohammed-bin-salman-announces-the-line-at-neom.jpg

Logo – https://techent.tv/wp-content/uploads/2021/01/hrh-prince-mohammed-bin-salman-announces-the-line-at-neom-2.jpg

Related Links :

http://www.NEOM.com

Fang Announces Outcome of the Hearing of the Grand Court of the Cayman Islands on December 24, 2020

BEIJING, Dec. 25, 2020 — Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced that a hearing was held on December 24, 2020 in the Grand Court of the Cayman Islands (the "Cayman Court") regarding the application by certain shareholders of the Company (the "Petitioners") to appoint provisional liquidators over the Company. As previously announced, the Petitioners initiated a winding up petition against the Company in the Cayman Court on November 12, 2020. At the hearing, the Cayman Court adjourned the application until 10:00 am, February 9, 2021 (Cayman Islands time) to allow the parties to have additional time to agree on certain undertakings to the Cayman Court.

About Fang

Fang operates a leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides primarily marketing, listing, leads generation and financial services for China’s fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and networks of users seeking information on, and value-added services for, the real estate and home furnishing and improvement sectors in China. Fang currently maintains approximately 74 offices to focus on local market needs and its website and database contains real estate related content covering 665 cities in China. For more information about Fang, please visit http://ir.fang.com.

Safe Harbor Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the results of the winding-up petition and application for appointment of provisional liquidators. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions, and include, without limitation, statements regarding Fang’s future financial performance, revenue guidance, growth and growth rates, market position and continued business transformation. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Fang’s control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, without limitation, the impact of Fang’s business development strategies, the impact of the COVID-19 pandemic, and the impact of current and future government policies affecting China’s real estate market. Further information regarding these and other risks, uncertainties or factors is included in Fang’s filings with the U.S. Securities and Exchange Commission.

Fang does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

 

Related Links :

http://www.fang.com

SEEDLAND Unveiled the 1st OTA Smart Community to Render Proactive, Synergetic and Unperceivable Services

SEEDLAND OTA smart community is equipped with a super “community brain” — SLS2.0 — independently developed by SEEDLAND.

SEEDLAND is committed to building a boundaryless community interconnected with digital cities.

BEIJING, Dec. 4, 2020 — Imagine a smart community unceasingly upgrading through over-the-air (OTA) updates like a smart car or a smart phone. SEEDLAND Group, a smart life leader and prominent real estate company in China, attempts to turn this vision into reality and usher in an era of evolving community.

An OTA smart community, the first of its kind domestically and internationally, is unveiled in Beijing, China by SEEDLAND on December 1, 2020. SEEDLAND OTA smart community is equipped with a super "community brain" — SLS2.0 — independently developed by SEEDLAND. It has, in a true sense, accomplished connections and interactions between everything, hence miscellaneous smart hardware, software, algorithms and solutions in the community are able to upgrade via OTA on a continuous basis. In SEEDLAND OTA smart community, with the unique OneID OneService experience, every user can enjoy an array of proactive, synergetic and unperceivable services in different scenarios, including commuting, security, health, delivery and so forth.

SEEDLAND Unveiled the 1st OTA Smart Community to Render Proactive, Synergetic and Unperceivable Services
SEEDLAND Unveiled the 1st OTA Smart Community to Render Proactive, Synergetic and Unperceivable Services

OTA is applied in people’s living for the 1st time

OTA is a new cloud-based download technology, which was noted in 2000 in Japan. The launch of iPhone by Apple in 2007 carried forward a smartphone era, accompanied by the massive use of OTA. Tesla Model S released in 2012 marked the first application of OTA in the automobile industry, overturned then moving forward to a brand-new smart age. It is OTA that enables Tesla vehicles to access new safety and navigation features on a regular basis, for improvements in vehicle performance and driving experience. The entire process requires an upgrade package only, and what an owner needs to do is just a click for upgrade confirmation.

This time around, OTA is adopted in people’s living by SEEDLAND for the first time.

Life at SEEDLAND OTA smart community
Life at SEEDLAND OTA smart community

As one of the earliest practitioners of smart living in China, SEEDLAND has been devising smart communities since 2018. In October 2018, SEEDLAND proposed a strategic idea of building SLS (Smart Life System). To this end, it later established Seedland Technology Center (STC) inside the Group, developed the prototype SLS and launched the first SLS platform in September 2019. So far, SLS has been updated to SLS2.0.

The ongoing enhancement of SLS’s technical capabilities has brought out the success of the 1st OTA smart community in China. "SEEDLAND OTA smart community offers interconnected, proactive, smart and synergetic services, and continues to evolve in software, hardware, algorithms and solutions," said Xu Zhenbin, President of STC, at the system launch.

SEEDLAND OTA smart community is upgraded significantly in three aspects, distinguishing itself from the traditional as well as the existing ones.

First, it upgrades from a product aspect, pivoting from a static community to a dynamic one with continuous enhancements in hardware, software and intelligence. As regards hardware, aside from covering main public areas and all home appliances, it can continuously introduce more new smart equipment, such as domestic robots, logistics robots, unmanned vehicles, delivery drones, among others. Its open and standard interface supports the access for devices from different manufacturers, and can be combined and replaced without restrictions. In respect of solutions, the smart community provides 200 solutions, unceasingly updates personalized services, and offers a growing number of cross-scenario services. Regarding deployment, SEEDLAND OTA smart community is capable of rapid deployment and upgrading as well as extensive coverage, thereby addressing the common problem of "falling behind upon delivery" faced by the existing traditional "smart communities".

Second, it upgrades from an experience aspect, pivoting from the device-centric isolated experience of single products to the human-centric cross-scenario experience characterized by interactions between things and between devices. Currently, most property companies still focus on intelligence of single products and functions, whereas SEEDLAND OTA smart community has progressed to cross-scenario intelligence and can provide such experience as contactless access, three-dimensional security, self-driven modes of leaving or going home, etc.

Third, it can learn and evolve independently, and forms a positive closed loop of "data – algorithm – services". At present, the proactive real-time Internet of Things (IoT) data streams exceed 500,000 per day from a single community of SEEDLAND. As data amassed grows, the "community brain" will have a deeper understanding of both the environment and the users. As a result, the algorithms will be more accurate to bring more satisfactory services and experience, thus developing a virtuous cycle of "data – algorithm – services".

SEEDLAND is introducing OTA into every community, enlarging its serviceable range to software, hardware, algorithms and solutions. All of these are essential breakthroughs in people’s living.

Five capabilities of SLS2.0 create a super "community brain"

The success of SEEDLAND OTA smart community is derived from SLS that SEEDLAND has been devoting itself to developing independently. Similar to a super brain of the community, it operates, directs and dispatches each "unit" of the smart community to perform their duties independently or together. The current version — SLS2.0 — is armed with greater technical capabilities and larger amount of data.

The structure of SLS2.0 is "1+4+N", namely, one smart cloud, four smart middle-tier platforms and numerous smart products. Among them, the core is the smart middle-tier platforms, namely Smart IoT Middle-Tier Platform, Smart Data Middle-Tier Platform, Artificial Intelligence Middle-Tier Platform and Smart Application Middle-Tier Platform.

SEEDLAND Unveiled the 1st OTA Smart Community to Render Proactive, Synergetic and Unperceivable Services
SEEDLAND Unveiled the 1st OTA Smart Community to Render Proactive, Synergetic and Unperceivable Services

Smart IoT Middle-Tier Platform connects families, communities, commercial facilities and services to achieve true Internet of Everything (IOE). Besides, Smart Data Middle-Tier Platform possesses powerful capabilities of data integration and management. Artificial Intelligence Middle-Tier Platform has the world’s leading scenario-based algorithm capabilities, while Smart Application Middle-Tier Platform has created an integrated experience of miscellaneous communities and all home scenarios. In 2020, STC performed brilliantly, winning two first prizes and one second prize internationally in the ACM 2020 Multimedia Grand Challenge, with tech giants like Amazon and Google attended.

SLS2.0 – known as the super "community brain" — possesses five capabilities.

First, the capability to connect openly and widely. SLS2.0 can be connected to all types of devices at home, community and supporting facilities, and currently to nine primary types of devices in the public areas and 57 devices for home, public areas and commercial facilities. At present, the smart life ecosystem of most companies is occluded, whereas SEEDLAND SLS offers an open interface to support access for devices from different manufacturers. In addition, SEEDLAND formulated the first community standard — Standard for Smart Community Information Model — by working with such leading companies as Huawei, China Mobile, Kingsoft Cloud and Hitachi. The standard will facilitate the access for varied devices, and will be released in the middle of this December.

Second, the fusion capability of multi-source heterogeneous data. In SEEDLAND’s OTA smart community, users’ offline behaviors, such as commute, health, consumption and socializing, will be digitized, and together with elevators, robots and other access devices, will produce a tremendous pool of IoT active data every day. Accordingly, the smart data center will build a petabyte data lake for the community to integrate and process data.

Third, the unique multi-modal face recognition capability in the community. The accuracy of face recognition technology has now exceeded 98% under complex conditions including strong light, dimming light, long distance and high angle. Besides, the constantly upgraded multimodal recognition technology can identify body parts and behavior patterns, and adapt to complicated community scenarios, say when people are mixed, blocked or crowded together or bump into others. Meanwhile, the accuracy of non-cooperative identification surpasses 95%, above the industry average of 90%. Thanks to this unique multimodal recognition technology, the recognition rate for special groups of people, including the elderly and children, far outstrips that of counterparts.

Fourth, the voice recognition capability in outdoor environment. It is the only commercially viable solution in the industry for now. The community scenarios are dominated by noisy outdoor environment, to which there is no satisfactory solution in the industry. Nevertheless, the recognition rate of SEEDLAND SLS’s AI voice algorithm in such environment is 60% higher than the main rivals. On top of that, its voice recognition in long-distance and mixed environment is remarkable.

Fifth, the cross-scenario capability of all-field intelligence. The experience has been boosted immensely from being device-centric to performing human-centric, achieved true spatial intelligence and unperceivable interaction by connecting data across time, so as to bring forth more innovative scenarios.

On October 30, 2020, SEEDLAND launched the 1st 5G SA smart community in Guangzhou Ivy Garden, furnished with dedicate SA 5G network. This not only enhances the data security and control, but also endows plenty of new business models with possibility, redoubling the might of SEEDLAND OTA smart community.

One ID Offers cross-scenario linkage of unperceivable services

What differences can SEEDLAND OTA smart community underpinned by SLS2.0 bring to users?

Are you familiar with the following scenario? In a scorching summer, you get back to the community from work, park the car, and collect your parcels in the delivery locker with a briefcase. When arriving at the front door of your black with your hands full, you realize that you cannot get the access control card or phone to open the door by yourself. At that moment, you either put things down or call the property services staff to open the door. Finally, you reach the front door of your apartment but need to lay down the parcels again to get the key. Finally, you walk in the door in a sweat, you then turn on the air conditioner immediately, however it takes a long time for it to cool you down…

Such embarrassment is out of the question in SEEDLAND OTA smart community.

SEEDLAND OTA smart community has offered proactive, synergetic and unperceivable services of OneID OneService. Furthermore, it has advanced to cross-scenario intelligence when most smart communities are still focused on intelligence of single products and functions. OneID means one ID for all scenarios and applications. For instance, common community life scenarios can be handled with one ID, including opening doors of a community, a block and a house. Beyond that, users can take self-driving commuter vehicle hachi auto by face recognition, dump rubbish in smart garbage bins, collect packages delivered by smart delivery robot hachi delight, pay in a new retail facility Comma Market, buy goods from smart vending machines, among other things. OneService means that all services are proactive, synergetic and predictive to provide users with an unperceivable service experience.

In SEEDLAND smart community, self-driven modes of going home should be as follows:

When a user drives into the community, the access control can identify his car and can be linked to the control center of his house — inSight produced by a Beijing-based technology service company Know– to activate self-driven modes of going home. Under this mode, indoor lighting, curtains, air conditioner, water heater, and other home appliances will turn into default mode. In addition, the Know’s inBot will start frying steak according to the set mode. Meanwhile, if the user has to collect any parcel, the access control will be linked to "notify" the smart delivery locker as well as hachi delight. Then the robot will collect the parcel as required, head for the underground parking lot, request the lifting of barrier gate, and take the elevator to reach the floor where the user’s house is located. Later, hachi delight will call Know’s inSight, send a message to the user’s smart phone as a reminder. The user can collect the parcel by face recognition or scanning the QR code when answering the door.

In fact, self-driven modes of going home is merely an epitome of the proactive, synergetic and unperceivable services offered by SEEDLAND OTA smart community. In the community, cross-scenario linkage is workable in all common demands such as commute, security, health, delivery, business, entertainment and education. Examples include three-dimensional smart security linking community security and home security, self-driving commuter vehicle hachi auto and delivery robot hachi delight V2X (information exchange between vehicle and the outside).

In this system launch, SEEDLAND has also introduced a number of new scenario-based hardware products, such as self-driving commuter vehicle hachi auto 2, Know’s smart fitness bike inBike and so forth. It aims to improve the cross-scenario smart experience of users on an ongoing basis. "As a new player in smart living industry, we are proud to serve as a part of SEEDLAND’s smart living ecosystem. In the future, we will launch more great smart products and deepen the cooperation with SEEDLAND," says Know.

A Community Operates Like Your Partner

Owing to the upgrading capabilities of the "community brain" and OTA, the service mode of SEEDLAND communities have undergone revolutionary changes.

The major functions of ordinary property management include fee collection, information collection and reporting and request for repair. Owners might often be confronted with many problems such as chaotic fee collection, delayed information publicity and the failure of timely repair and feedback. After all, conventional property services are not based on users’ core needs. What is provided there is just basic services and problems are solved in a passive way.

All of these is going to change in an OTA smart community.

In SEEDLAND OTA smart communities, user needs are proactively classified based upon SLS2.0’s insight, and new-generation user operations are launched. The operation philosophy SEEDLAND OTA smart communities upheld is "SPACE", i.e. socialized, prompt, active, customized and emotional.

The relationship between property management side and users is redefined by SPACE — every user in the community is accessible to exclusive services rendered by "PARTNER". Partners can bring a personalized and heartwarming interpersonal interaction interface to community services, establish trust-based emotional connections with users, and offer trust-based proactive companion and services.

SEEDLAND OTA smart community renders exclusive services with the help of "PARTNER"
SEEDLAND OTA smart community renders exclusive services with the help of "PARTNER"

Compared with conventional property management personnel, Partners are firstly life experts around users. They have a clear view of the surroundings and supporting facilities of the community. They can give quick feedback to users and provide services such as maintaining living facilities and customizing community supporting facilities. They act as a convenient contact for users’ life. They are close companions for users in full cycle. Partners, in the second place, are security guards around users. Based on the real-time monitoring function of SLS2.0, Partners can warn against potential safety hazards, and in case of a hazardous event, can intervene in time and mobilize resources from various parties, carry out emergency treatment, and ensure the safety of the elder people, children, women and other special groups to the greatest extent. Lastly, partners are good helpers around users. When a user leaves the house, he/she can remotely authorize Partner to offer services. In the meantime, SLS2.0 can track this Partner’s behaviors in real time, to protect user’s privacy and property safety.

A "Boundaryless Community" will be Built to Connect with Smart Cities in the Future

As a significant breakthrough in the domestic home industry, SEEDLAND OTA smart community will undoubtedly continue update and iteration. Currently, SEEDLAND has connected SLS with nine projects across the country. All of its properties will be covered subsequently, connecting over 1 million devices as well as more than 1 million users. Looking into the future, SEEDLAND is committed to building a "boundaryless community" interconnected with digital cities.

Firstly, "community brain" SLS will see continuous breakthroughs in its AI capability. Based on the constantly accumulating big data platform, SEEDLAND will leverage its data strengths, further develop the multi-modal AI technology, continue to access more smart equipment, and make intelligent capabilities and frictionless services "omnipresent". For instance, the next move will be introducing unmanned aerial vehicles to develop airspace intelligence, so as to offer all-weather, all-day-long and unmanned logistics services to communities.

Secondly, SLS-based cross-community connection and linkage will be carried out, especially the linkage between intra-city communities under SEEDLAND. Just one community account can ensure that services available for users in the current community are also available in other communities, thereby achieving resources co-creating and sharing and building "boundaryless community".

Lastly, SEEDLAND’s communities will gradually extend the service capacity and scenarios into urban space. In terms of smart commute, SEEDLAND will achieve seamless transportation between "the last kilometer within the community" and public transportation by connecting driverless commuting vehicles within the community with urban third-party travel services or driverless car services. With regard to intelligent security, SEEDLAND’s communities will try to connect with the security system of a smart city and build an all-around security system of "family-community-city".

"Just as Apple has defined smartphones and Tesla has defined new-energy vehicles, the living patterns are also being redefined by intelligent technology," said Zhang Liang, Chairman of SEEDLAND. "The boundary and imagination space of smart life are further expanded by SEEDLAND OTA smart community. Being a leader of smart community as well as operation, it will definitely uncover a brand new lifestyle in the era of AIoT."